quick comment, I think the market is a bit vulnerable here short
term, however if it manages to push higher first, the SPY Pro
system may close this trade out via a profit target.
Specifically the RSI is at a level that it hasn't been in
years on the daily chart and the system could exit by that, but we
need a slight up day for that, I'll let you know if the condition
occurs.
If the RSI exit condition doesn't occur then the system will
exit by the 34 Stochastic falling below 80% as I discussed quite a
few times already
Thx! however I wish the system had hit the RSI target,
would have been nice to have the trade close out. It's sill
possible of course such as if the market were to push again after
the FOMC, we'll see.
SPY Pro comments
Posted by matt on 12th of Dec 2016 at 12:05 pm
Hell of a trade from the system
quick comment, I think the
Posted by matt on 14th of Dec 2016 at 09:21 am
quick comment, I think the market is a bit vulnerable here short term, however if it manages to push higher first, the SPY Pro system may close this trade out via a profit target. Specifically the RSI is at a level that it hasn't been in years on the daily chart and the system could exit by that, but we need a slight up day for that, I'll let you know if the condition occurs.
If the RSI exit condition doesn't occur then the system will exit by the 34 Stochastic falling below 80% as I discussed quite a few times already
Congratulations Matt on the great
Posted by cal1 on 14th of Dec 2016 at 11:22 am
Congratulations Matt on the great SPY trade.
Thx! however I wish the
Posted by matt on 14th of Dec 2016 at 11:39 am
Thx! however I wish the system had hit the RSI target, would have been nice to have the trade close out. It's sill possible of course such as if the market were to push again after the FOMC, we'll see.
Assume it stayed long today,
Posted by jdaswani on 14th of Dec 2016 at 04:39 pm
Assume it stayed long today, SPY System
super duper! very nice!
Posted by morton7 on 14th of Dec 2016 at 09:19 am
super duper! very nice!