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Tuesday 31 December 2013

Sell S&P 500 @ 1842- 2 wins

Previous signal:
S&P 500 rebounded @ 1839 & is trying to stay above 1840 & go higher again, but is still weak for now & shouldn't go too high
Look to sell S&P 500 @ 1842 stronger resistance or 1841.40 if it stays below & drops further, for 30 minutes expiration or less
S&P 500 currently hesitating at 1841.40, previous closing price, stronger resistance @ 1842

Risk: S&P 500 might also try to break above 1842 later

Results: Sell S&P 500 @ 1842 or 1841.40- 2 wins
S&P 500 dropped @ 1841.40 & expired @ 1840.57 at 12pm EST
S&P 500 tried to break above 1842 later, slightly breaking above 1841.40 but failed to stay above & couldn't even reach 1842 stronger resistance
S&P 500 dropped again to expire @ 1840.41 at 3:30pm EST


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