Happy Monday morning, markets open, let’s go!

Read on a blog over the weekend about SPX retracement levels and buy/sell signals.  Signed up for a trial.  Hoping this tool helps me make educated trading decisions.

SPX has been falling from the 1850’s down to 1760’s, but looks oversold and a good entry point here, with a 72% of reversing back up, according to the calculator.

BUY 1000 SSO at $92.58

—–

Started falling quickly, so cut my losses quick to minimize losses.  Keep my losses small and manageable.

SELL 1000 SSO @ $92.07
$531  LOSS

—–

Looks like it firming up here at $92, back in again, but this time a little bit more firepower.

BUY 1800 SSO @ $92.08

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