Bought the pullback at SPX 2654 with stop at 2650.
Edited by NAV, 04 December 2017 - 11:22 AM.
SPX
Started by
NAV
, Dec 04 2017 11:22 AM
4 replies to this topic
#2
NAV
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Posted 04 December 2017 - 11:29 AM
I don't like the divergence between the SPX and QQQ. It's a mess. But i am thinking it will take a day or two for this momentum to dissipate. So bought this dip with a small stop.
#3
NAV
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Posted 04 December 2017 - 12:32 PM
Moved stop to 2652.5 now.
Edited by NAV, 04 December 2017 - 12:32 PM.
#4
OEXCHAOS
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Mark S. Young
Posted 04 December 2017 - 04:33 PM
I was going to buy the 50-hour but I just didn't like the set up, so I passed. We weren't quite oversold enough there. Then, when we were, we were below and I didn't want to play without good support just underneath me.
Mark S Young
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#5
NAV
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Posted 04 December 2017 - 09:43 PM
Mark,
Last 2 weeks there has not been any good setup for short term swing traders. Market has been moving in gaps. Final stages of Euphoria are always like that. The game here is risk control.
