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The markets kept us guessing most of the holiday-shortened week. Both the SPY and QQQs showed flashes of strength and weakness, even changing between the two intraday. When the dust settled at the close on Friday, we ended right at short term support levels. Most swing traders will be watching the 8 and 21 EMA levels as support heading into Monday. The past two weeks of price action don’t give us much of a trend to go on, so we’ll have to see if we continue to pogo between S/R, or finally made a move below short term support. This isn’t the time for “hero trading”, watch for first hour fake outs this week.