The stop has been raised to 4hr support near 1584 and could be raised above 1588 if SPX closes another hour higher. This is turning out to be another top gaining trade even though the technicals have been overbought and the fundamentals are mixed at best. Stick with the trend until its end...as determined by some proven objective measure that gives you an advantage in odds. Good fortune.
I am very intrested to know whether you actually tread your system. I have been reading your blog for several months. Seems it is very solid system. Just hopeing can get more intray day update during critucal time like now. Thank you for sharing! Keep your good work!
ReplyDeleteI loosely trade my System. I have traded profitably for many months now mostly because I reduced my leverage and started following my System more and more. I can only give occasional mid-day updates due to job responsibilities, but i try to lay out entries and exits in advance with System rules published. Good luck.
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