Teaching family and friends to trade their retirement accounts for FREE! * Following the SPY for market swing trading directions. *Green Long's (stocks and retirement accounts), *Red Shorts (out of stocks and retirement accounts. *Comments are updated at the close of market once a day.
Monday, December 8, 2014
Yellow Light.
This will be a deeper pull back. We have one Red bar and looking for 2 more to the down side. We will place a Fib from high to low and wait for the pull back then take shorts at the 50% retracement. If it breaks the 61.8 retracement we will continue our long. If the market moves down we will sell stock and look for shorts.
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