System Still Long Hitting First Resistance near the 1990s

SPX Swing System Trading
Trade Date:	2016-03-01
Trade Position:	Long
Trade Entry:	1967
Trade Stop/Reversal:	1969
Trade Profit Areas:	1990s gap resistance and 100SMA
Indicator Divergences:	Slightly Negative
Indicator Extremes:	Very Negative
SMA Setup:	Very Negative
Sentiment:	Short-term Negative, Medium-term Positive
Important Events:	Friday March 4th Jobs Numbers
System Mechanics:
I moved this information and more to the System Review tab.
Relevant Research:
I moved this information and more to the Research tab.
Trade Notes:
The System remains long. SPX has reached lower gap resistance at 1986-2004. Today makes for an interesting juncture and mix of indicators in that some divergences disappeared today (barely) while several extremes re-emerged (barely), so both tools are borderline dangerous but not enough to be real convincing on their own. Thus, I suppose its fitting that the setup suggests SPX has an opportunity to break higher short-term while requiring a fairly tight stop due to the maturing rally. Good fortune.

SPX/SPY Trade History
To keep tracking simple and avoid the need for intraday comments, trade history below is based on average entry and exit levels which are almost always known before each trading day opens. Trade history does not include any trades around the position for profit-taking and reloading that could possibly improve the profit and risk of each trade.
Position	Open	Price	Close	Price	Pts	Total
Long	2016-03-01	1967	?	?	?	?
Short	2016-02-23	1938	2016-03-01	1967	-29	+62
Long	2016-02-12	1847	2016-02-23	1938	+91	+91

Chart from Monday