If SPY closes at 127.09 or higher, system goes SHORT TNA 50%, while leaving 50% cash just in case we go up a bit more.
If, however, we close at 127.08 or lower, system stays in 100% cash.
No need for further updates today. Thanks for checking in! Have a good evening!!
Looking good for a short so far, but we have 40 minutes to go...
ReplyDeleteA LOT can happen in 40 minutes after 3pm...
Hmm - I think we're getting close to some resistance but that this market still has a bit more room to run first.
ReplyDeleteYou are probably right, M. Which is why I'm keeping plenty of cash on hand to go all in short on the next signal (if there is one, of course).
ReplyDeleteThose large over night movers are killers unless you are trading futures or you take the leap of faith or you just love guessing.
ReplyDeleteFortuitous call.
ReplyDeleteThanks J Trader.
Thank you!
ReplyDeleteSome will call it luck. Some will call it mathematical precision (me)...but in the end, it is just a thing of pure beauty. :)
Yup - good job. I sure didn't see this one coming.
ReplyDelete