Replies to post #54864 on SPDR S&P 500 (SPY)

[learningboutinv]

Lefty, I am curious how you would handle today's whip with regards to your daily renko charts. MVV pierced below $63 intraday (LOD $62.83). But is back up now to $64.20. Do you set your stop slightly below $63 or would your stop be @ $63? or instead do you use the daily closing price as the final determination instead of intra-day price movement?

TIA.