Video: https://youtu.be/Cx6ZE-2ZF5oThe market closed green but way off the intraday highs, and is popping this morning near the intraday high levels. While this is positive, we are still not near the 50ma break level, which is where we would start building long positions. Until our bias remains slightly bearish as price action continues to test the downward break of the 200 ma, the 50ma slants downward and the volume pattern remains in distribution phase. Keep in mind that earnings season is starting, and could impact the market as well.NFLX is at entry level. Earnings is AH Monday, so we will be out of the stock by then.Focus List: UWT, TQQQ, SQQQ, SPXL, SPXU, FAS, SOXL, SOXS, LABU, NFLX, BRZU, KSS, M, LULU, FSLR, WYNN, Z, BBD, ITUB, DBX, SPOT, SFLY, SNAP, FB, NFLX, AMZN, BURL, UGLD, X, FCX, LMT, DO, MRO, CVX, PANW, CYBRCurrent Positions: NFLX
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