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SPX weekly sell


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#1 CLK

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Posted 19 April 2013 - 12:55 PM

We have to hold under 1560 to print today. A down brick after a new swing high is a weekly sell.

When the sell prints, usually get a bounce to short into the next week.


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Edited by CLK, 19 April 2013 - 12:59 PM.


#2 CLK

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Posted 19 April 2013 - 03:15 PM

Shorted SPY on close, looking to cover and go long Monday close, then plan on shorting again later in the week.

#3 CLK

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Posted 19 April 2013 - 05:37 PM

Equity P/C MACD about to break TL from 2011 lows, this could be a big top. I wish this could help me pick the perfect strike and month,
but it can't, so if one can afford June, that I believe will be a safe short, May probably will also, but I think end of next week
is a good entry unless it crashes. Volume chart has put in a higher low, with Inv H&S, market is IT topping.

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