SP500 bounce to 5926
Aggiornato
MODs have suggested that I provide more detail about the picks I make.
Sorry. I'm not as verbose as y'all, and I don't like things to be complicated.
My trading plan is very simple.
I buy or sell at top & bottom of parallel channels.
I confirm when price hits Fibonacci levels.
So...
Here's why I'm picking this symbol to do the thing.
Price at bottom channels (period 100 52 39 & 26)
Stochastic Momentum Index (SMI) at oversold level
VBSM is turning spiked positive negative
Price at 2.618 Fibonacci level
In at $5884
Target is $5926 or channel top
no stop loss. manual close.
Sorry. I'm not as verbose as y'all, and I don't like things to be complicated.
My trading plan is very simple.
I buy or sell at top & bottom of parallel channels.
I confirm when price hits Fibonacci levels.
So...
Here's why I'm picking this symbol to do the thing.
Price at bottom channels (period 100 52 39 & 26)
Stochastic Momentum Index (SMI) at oversold level
VBSM is turning spiked positive negative
Price at 2.618 Fibonacci level
In at $5884
Target is $5926 or channel top
no stop loss. manual close.
Trade chiuso: obiettivo raggiunto
WOO HOO! TARGET REACHED! PROFIT MADE!
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