I'm not a day trader, so I have to wait for good swing set ups.  These have been few and far between, so my strategy is to do nothing.  It get's frustrating to sit in cash while things rocket to the moon, but I take comfort with a few wins while avoiding a big mistake.  

Cash is a position, and its better than churning your account (if you can avoid it).  

Good luck!

I've been away so I'm not sure what the status of the spy pro and spy ver2 systems are.   Anyone know?  TIA

Daily chart...

Back testing recent breakout

Not much action in the Dollar, or bonds for that matter.  Interesting considering the destruction in PMs and commodities.

Also noteworthy, crude futures down and suggest the triangle will be broken to the downside.

One of the few PM stocks that formed a higher low.  Watching to see what it does at the 50 SMA.  A close over that would also trigger an 8 RSI buy signal (per Matt's trigger suggestion).

Posted this a couple of weeks ago and forgot about it.  Wow, TBT fell apart in text book fashion (much like Steve's example in the weekend newsletter).  Wish I had taken my own advice!

Dragging down the PM stocks too

Thoughts on this as a possible short into the 20 sma/61.8 retracement?

Bit of a breakdown today...

still hanging out below the broken trend line.

Great plan if you are a banker, not so much if you're a depositor.

Just a quick scan, but these look interesting with the moving average configurations.  Thoughts????

Struggling at the gap and 50 SMA thus far

This lemon is worth watching as its back at resistance...

Looks interesting too (think it was in weekend newsletter)

Futures rejected at the broken trend line overnight and creeping down (60 min).

Why is that all the fun seems to happen overnight with futures?

Gold stock that continues to move up, but is now nearing BB, 50 SMA, and price level resistance.  Let's see if the upcoming pull back sets a right shoulder for an IHS break out.

NEM looks similar