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
Looks like it firming up here at $92, back in again, but this time a little bit more firepower.
BUY 1800 SSO @ $92.08