I'll update you later today, dealing with tons of admin
problems today.
Anyway at this moment the momo indicator on the SPY Pro system
is now red, if this holds the system will get an exit signal and
will close the position out tomorrow on the open, remember the SPY
Pro closes longs on the next day open because of this reason (
click here to read)
I will update everyone soon.
anyway today's action should not surprise anyone too much, those
Nasdaq charts still looked pretty awful and it was hard to count an
impulse off the lows
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SPY Pro System
Posted by cuqui69 on 10th of Apr 2014 at 11:11 am
Matt, for the SPY Pro System the BPT Momentum indicator is Green does it mean we should keep long even thought the SPY close above the 8 SMA?
I'll update you later today,
Posted by matt on 10th of Apr 2014 at 12:05 pm
I'll update you later today, dealing with tons of admin problems today.
Anyway at this moment the momo indicator on the SPY Pro system is now red, if this holds the system will get an exit signal and will close the position out tomorrow on the open, remember the SPY Pro closes longs on the next day open because of this reason ( click here to read )
I will update everyone soon.
anyway today's action should not surprise anyone too much, those Nasdaq charts still looked pretty awful and it was hard to count an impulse off the lows