Did you notice that IBD is now tracking the distribution day in all of the major indices now? I guess I wasn’t the only one complaining about the Feb selloff. On that note, the NYSE picked up another distribution day today.
Also, it looks like DNA has tested the recent lows on lighter volume. I picked up some September out of the money calls. This will be another small trade, as it looks like there will be plenty of resistance at 85.
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