ETF SWING & DAY TRADING

[denmo83]

2X-Be-Me...

It appears to me that both the upper and lower lines of the wedge have significance because of the way price acts when tagging them.

The most bullish case I see from the chart is the MACD. When that MACD down trend line was broken to the north, it signaled a change. It is a weekly time frame chart so try to eliminate the daily excitement.

The $bpcompq and $nasi remain on the buy keeping me 2/3 long. If/when the SPX daily MACD crosses over, the other 1/3 goes back in long. If the nasi and bpcompq trigger sells b/4 the daily MACD crosses, I'll return to cash. The top 3 charts on my list move me in and out, in 1/3 increments.

http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID345695

Thanks for the votes.