Current SPX Position: Long at 1623.75 (Last short trade stopped out 1617-->1624)
Next Action: Stop and go short at 1620.73
System Score: 5.5=Neutral=Trend Score + Turn Score=10-4.5
Proposed New Score: 54%=Neutral=Trend Score + Turn Score=48+6
SPX whipsawed as suspected and is setup to go short again. This is twice now in a couple weeks that SPX hit our 4hr s/r by a few pennies while the Score was neutral and then reversed. Still, I'm not convinced yet that a more flexible entry point would be beneficial over time. Good fortune.
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