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Thursday, June 27, 2013

Is It Time to Take Advantage of the S&P Bounce?

I have opened a short position with the S&P 500.  I entered the position at 1609.6, and have place my Stop Loss at 1630.38, and my Limit Order is set for 1560.4,  but I may adjust this shortly.

This is not a recommendation to buy or sell.  This is for informational purposes only, and for personal record keeping.  The analysis for this trade is accessible to members who subscribe to the Technical Traders daily newsletter called The Oil and Gold Guy for a nominal fee.

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