RSI 5 turned over on SPY

    Posted by frtaylor on 15th of Feb 2012 at 12:53 pm

    Steve and Matt, from our discussion last night, I took a short (small) at 135.40 when the 60 min RSI 5 turned down (70).  Also, the 5 min 60 stochastic turned below 80, which was also a signal I was watching.  Stop at 135.55 (too tight?).

    thanks for the tutorial yesterday.

    Stop moved to entry.

    Posted by frtaylor on 15th of Feb 2012 at 12:57 pm

    Stop moved to entry.

    went ahead and closed. May

    Posted by frtaylor on 15th of Feb 2012 at 01:01 pm

    went ahead and closed. May re-enter on a weak bounce.

    shorted at 135.20

    Posted by frtaylor on 15th of Feb 2012 at 02:03 pm

    shorted at 135.20

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