Tuesday, February 3, 2015

Yellow Light

We broke the 61.8 with a trend line just over head.  I will go long if we a break the trend line, back test the trend line and move higher to make a higher high.  We did fill the gap and that was the time to take a risky trade for a long.  I tried but did not get filled.  Bummer!

We may also have chance to get long at the 203.48 again tomorrow.  All the big boys and girls that missed this move will want a pull back so they can get in as well, at the green arrow.  But at that time you will have to make a decision to go long or not if we do not break the upper trend line.  We may go sideways.


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