My Market Thought & My Strategy

My Market Thought:
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1. So far a monkey market, range bounded: 2150-2100. Old range 2100-2050 is now a strong support. Downside is quite milited because people expecting a year-end rally as well as expecting more people back to the market after Labor Day.
2. I remain bullish for the S/T market with a possible target 2190-2200. And 2220 would be a strong resistence. S/T: Now=>Labor Day or before next Fed meeting.

My Strategy:
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1. For strong/bullish names: Buy low, sell higher.
2. For weak/bearish names: Short high, buy lower.
3. Overall playing based on fast trades.