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SPX - technical


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#1 NAV

NAV

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Posted 23 October 2017 - 08:45 AM

Today is the 31st consecutive trading day that the Full Stoch on SPX daily charts has stayed above 80. That's some record !. I still remain long from SPX 2571, but with an eye towards the exit, in case a short term correction kicks in.

 

I will hold as long as my trailing STOP keeps me in the move.


Edited by NAV, 23 October 2017 - 08:48 AM.

"It's not the knowing that is difficult, but the doing"

 

“I have heard many men talk intelligently, even brilliantly, about something – only to see them proven powerless when it comes to acting on what they believe” - Bernard Baruch

 


#2 NAV

NAV

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Posted 23 October 2017 - 02:07 PM

Bailed out close to breakeven. Will let the correction run it's course before buying again.


"It's not the knowing that is difficult, but the doing"

 

“I have heard many men talk intelligently, even brilliantly, about something – only to see them proven powerless when it comes to acting on what they believe” - Bernard Baruch