SPX Cycles Alert:
The futures are way down this morning. Looks like the SPX Daily Phase I will make a new low.
I have submitted a buy limit order for SSO at 42.50. That price is just above the SSO weekly upper trend line. If this limit order is filled, it will be my 2nd buy of this Daily Phase I cycle.
I can add up to three positions in a Daily Phase I.
JMHO, Lindy
"Buy low, Sell high, stay with your system. If your system breaks fix it."