Replies to post #1206 on S&P 500 Index (SP500)

[TREND1]

Good question.

Answer:
Not yet.
Let's see how it works in real time
rather then back testing.
Should be interesting. IMHO.

[TREND1]

***** geosing
DAILY TREND LINES TRADING RULES:

Here are my lines in the sand:
Recent closes:

VTI high = 134
$SPX high =1352.99
SSO high = 69.24
SDS low = 61.42

(1)VTI is the most important. Why ? Because it is the Total Market Index.IMHO
(2)The remaining 3 are second in importance.IMHO.
(3)The easy part would be all of them to cross the "line in the sand"
(4)Stay tuned at the close.

EDIT: If price was near RSI(14) =30 or RSI(14) = 70
my choice would be easier. IMHO.

Comments welcome.