AI
Monday, April 09, 2018 11:44:05 AM
15min chart did a great job of taking me to cash Fri at 105.15 while the market continued down to close at 102.33.
Got a 15min signal at 9:45, but it was a red bar, so did not execute. Waited until 10:06 and then used HOD as entry. SSO 103.85.
Nice little extra gain on the turn around.
As I had posted Fri, 60min charts had a sell signal at the close of Fri, but wanted to wait to see what would happen this morning. Not surprised at all by today's events because I have seen this play out many times. So 60min charts are still long.
I think this is w5 on the 15min chart, but no conformation on that yet.
You will note I changed to a SSO chart. Just too hard to trade SSO and watching SPY. Probable will change back as I really intend to trade SPY options.
Got a 15min signal at 9:45, but it was a red bar, so did not execute. Waited until 10:06 and then used HOD as entry. SSO 103.85.
Nice little extra gain on the turn around.
As I had posted Fri, 60min charts had a sell signal at the close of Fri, but wanted to wait to see what would happen this morning. Not surprised at all by today's events because I have seen this play out many times. So 60min charts are still long.
I think this is w5 on the 15min chart, but no conformation on that yet.
You will note I changed to a SSO chart. Just too hard to trade SSO and watching SPY. Probable will change back as I really intend to trade SPY options.
Trade the Charts and not the Heart - Expect the trend to
continue until it doesn't - Realtime is the real deal
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