Can’t Say I Didn’t Tell You… $1200 Profit
If you didn’t read my post from last night that showed you why the stock market was going to drop Thursday morning to make a new low then reverse and rally read this really short post and see the charts: http://www.gold-eagle.com/article/when-and-what-do-next-%E2%80%93-djia-spx
Today’s Simple, Logical, SPX Trade!
Here is the trade I took today with subscribers or my trading alert newsletter. Review the chart below for an idea of what my analysis was showing. This was a quick and painless counter trend trade and much like the XLE energy trade we did a week ago.
Now we wait for this bounce to stall out and get short for a HUGE move down into bear market territory.
