Thursday, February 14, 2013

Thu 2/14/2013. Daily Update.

Current SPX Position: Long at 1518.32
Next Action: Stop out at 1514.01
System Score: 9=Bullish=Trend Score + Turn Score=10-1

SSDDA. OPEX tomorrow. Not expecting much until Mon/Tues but the bias is still bullish for now and the technical conditions keep resetting to neutral during the choppy uptrend. So, for the System to get bearish, we still need a failed SPX rally (probably 1530s+) or we need SPX to turn the 1500s into resistance. Good luck.

No comments:

Post a Comment