I just don’t trust the market at this point, so I bailed, plus…
The ES closed at 1165.00 at 4:15 today. That’s 1111 [11(6+5=11)]… The SPY closed at 117.74 or 1111 [11(7+4=11). Something coming soon…
Cash is KING. On my 2nd swing trade I missed selling out by a few seconds. Now I have to hold over night.
Ok, I closed out my longs at the close today. I’m now flat and will see what tomorrow brings? I think it will gap up and crap, but I didn’t want to chance been wrong… cash is a position 🙂
Long trade I meant to say
I am doing a swing trade, bought at 1165 for a a couple points or more. May keep until tomorrow
Nice… I’m still waiting for tomorrow to go fully short. I want that gap filled around 1185 spx and that trendline touched again.
Sold my short 1/4 position for some dinner tonight
I agree… gap up to fill the gap from the 9th and also hit the downward sloping trendline of resistance… and then tank.
Gap fill. I would say tomorrow morning for a Gap fill. Which would be a nice place to get short.
SPY Resistance levels: http://niftychartsandpatterns.blogspot.com/2011/09/spy-resistance-levels.html
I just don’t trust the market at this point, so I bailed, plus…
The ES closed at 1165.00 at 4:15 today. That’s 1111 [11(6+5=11)]… The SPY closed at 117.74 or 1111 [11(7+4=11). Something coming soon…
Cash is KING. On my 2nd swing trade I missed selling out by a few seconds. Now I have to hold over night.
Ok, I closed out my longs at the close today. I’m now flat and will see what tomorrow brings? I think it will gap up and crap, but I didn’t want to chance been wrong… cash is a position 🙂
Long trade I meant to say
I am doing a swing trade, bought at 1165 for a a couple points or more. May keep until tomorrow
Nice… I’m still waiting for tomorrow to go fully short. I want that gap filled around 1185 spx and that trendline touched again.
Sold my short 1/4 position for some dinner tonight
I agree… gap up to fill the gap from the 9th and also hit the downward sloping trendline of resistance… and then tank.
Gap fill. I would say tomorrow morning for a Gap fill. Which would be a nice place to get short.
SPY Resistance levels: http://niftychartsandpatterns.blogspot.com/2011/09/spy-resistance-levels.html