Fontas

SPY long until January

Long
Fontas Aggiornato   
AMEX:SPY   SPDR S&P 500 ETF TRUST
5
2 green candles on heiken ashi. Every historical instance of this has signalled the end of short term corrections down. Daily oscillators have bottomed.

Projected is the probable price path according to historical instances from 2009, 2010, 2012, 2013. All time high in January is possible.

In the emergency case that correction is larger than expected, expect 1960 bottom. But stop loss at 2040 (1%) will prevent losses.
Trade attivo:
Continuation of trade. Raise stoploss to 2075
Trade chiuso manualmente:
Trade was closed when it reached the new 2075 stoploss. Mild profits.
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