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nowwhat2

04/16/18 1:35 PM

#31462 RE: Oddlot #31461

Try to own good chart set ups (it decreases risk)... * See post which this here replies to.


8 trading days ago :



8 trading days later :






8 trading days ago :





That was a GREAT chart set up !....




A long term buy and hold could possibly produce a nice quad-triple ?



.



Oddlot

04/16/18 1:51 PM

#31463 RE: Oddlot #31461

Closed long SPY at 267.98, established at 260.40.
Oddlot

Oddlot

04/16/18 3:30 PM

#31465 RE: Oddlot #31461

Position Flat. Cxl all prior orders. Looking now for indication of end of rally and resumption of downtrend. Will probably use channel around 9day centered MA. Violation would show likely top of 36day cycle and resumption of downtrend. Next 18day low may give false signal, so extra caution necessary at that time.
Oddlot