Sell S&P 500 @ 1700 if it stays below, for 30 minutes expiration
Breaking news: US Senate fiscal negotiations suspended
Possible resistance @ 1700, wait for resistance to be formed
Result: invalid
S&P 500 broke above 1700 at 2:50pm EDT, failing to form a strong resistance, but it also dropped below 1700 at the end of the day, which shows that the market is more volatile than before
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