Trading in the stock market can be a frustrating experience. Just when you believe you are about to make a lot of money, you lose more than you thought you'd make. I would like to share with you a system that after years of trial an error, has proven to guarantee higher returns than investing in the Standard and Poors. I will post in this site when to buy and when to sell the SPY and in a year you'll get a higher ROI than just buying and holding it.
Tuesday, May 24, 2011
E-mini Acting as Expected
Tonight the E-mini is acting as expected. During the past hour it continued lower and RSI became more oversold on the 4-hour chart. MACD hasn't turned positive yet. Tomorrow will be a very interesting day and I might go long tomorrow and buy some shares of SPY. I believe we will revisit yesterday's lows and probably go lower. Even if we continue lower, I feel comfortable entering a long position tomorrow, I feel risk/reward, this won't be a bad trade.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment