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Monday 24 March 2014

Buy S&P 500 above 1870- invalid

Previous signal:
Look to buy S&P 500 above 1870 if it stays above & goes higher, for 30 minutes expiration

Result: invalid
S&P 500 jumped to 1883 but couldn't break above 1884 & dropped to 1870
S&P 500 tried to stay above 1870 for a while but couldn't rebound @ 1870 & go higher
It then dropped from Thursday's closing price 1872 & further below after FOMC Member Fisher's said that the Fed has exhausted efficacy of US QE policy around 2pm EDT


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