While the chart looks very strong, and I believe it is, I will still have a confirmed sell signal according to my model today if we close below 1132.10.
Very glad to see you back to posting trades. Appreciate the market direction updates as well -- yours is the very FIRST thing I look at in the morning.
Good entry, Carl. Also, great work on only posting safe trades. You the man.
ReplyDeleteCarl,
ReplyDeleteI'll join you on this trade. Any break below 1132 on the S&P cash trade will take me out though as the uptrend line will be broken.
Hi Carl,
ReplyDeleteWhile the chart looks very strong, and I believe it is, I will still have a confirmed sell signal according to my model today if we close below 1132.10.
Thanks.
Kindest regards,
PM
There's a gap in the S&P around 1116, I think we'll drop and fill that gap before we return to 1150.
ReplyDeletelots of paper selling in the pit...first time in a while
ReplyDeleteTim Mack
Very glad to see you back to posting trades. Appreciate the market direction updates as well -- yours is the very FIRST thing I look at in the morning.
ReplyDeleteThanks.
PA
interesting...usually there seem to be more bear comments than bull when carl goes long. where did all the bears go? is this a contrarian indicator??
ReplyDelete