Current SPX Position: Long at 1702
Next Action: Stop and go short at 1701.83 (stop for the short is likely to be 0.5% above 4hr resistance)
System Score: 4=Bearish=Trend Score + Turn Score=10-6
Proposed New Score: 48%=Neutral=Trend Score + Turn Score=48+0
The Score is bearish-to-neutral. The System remains long, but the stop is only a few points below. Wednesday is Fed day and I have no clue what is going to happen. Good fortune
No comments:
Post a Comment