SPDR S&P 500 (SPY)

[nowwhat2]

Ya' wanna try and.......Sell "when well-above the/a line".......and........"Buy "when well-below").....


FORGET ABOUT trading when something is ON a line....(as tempting as it sometimes may be) because ;
That's when ya' can wind up with a harsh case of whiplash.....


For example :




Day before :


THAT is a risky trade !





For example, Facebook was a wonderful example last week......

After Friday it looked poised to go rocketing UP - and yet, the first thing it did Monday morning was down-gap !




THEN what freaking happened ?.......Well THIS is what happened (can U see where some whiplash occurred ?)











Another "risky trade" example.......Is Copper going to break out here ?

Buy when well below this line and sell when well above......