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Took the hit

Ok, have closed that short at 5665 for -20 overall. Not the end of the world, but annoying. Looks like we are heading for 6000 after all. It was a bit of a risk going short when and where I did as it was against the trend, which is up across all timeframes – 10 , 20 and 50 day – on the trend charts I post. Its best to cut and run sometimes, rather than chase losses.

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