Monday, July 2, 2012

SPY gives an Up Signal 7/2/12

My trading system on SPY (S&P 500 Exchange Traded Fund) gives an Up signal!  The system is quite frugal in providing signals. As I have mentioned before, this system like everything else in trading, is far from perfect; but still, it is pretty darned good.

This means I will change my perspective to a more bullish outlook and will take long trades when appropriate.

See Chart below.









No comments:

Post a Comment