SPX Wedge Update

    Posted by steve on 8th of Aug 2014 at 01:23 pm

    $SPX - Chart Link

    Note the prior highs at 1929 and 9 day EMA at 1932 (and 1929 pivot)

    Trail stops higher on longs

    Posted by steve on 8th of Aug 2014 at 01:27 pm

    Trail stops higher on longs and or take some profits into strength in accordance with your plan. For new long entries on stocks look for pullbacks or consolidation patterns on intraday charts for objective entries which will most likely take time. 

    Thanks.  SPY system traders could

    Posted by darnelds on 8th of Aug 2014 at 01:24 pm

    Thanks.  SPY system traders could use a little good news.

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