jaxdog

$RSP Higher Low or Head & Shoulders?

Panjang
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AMEX:RSP   Invesco S&P 500 Equal Weight ETF
RSP is very interesting here and I have started a full-size position as I can easily define my risk with a stop just under the most recent daily low.
See chart for notations. Ideas, not investing / trading advice. Comments always welcome. Thanks for looking.
Komen:
RSP Looks like support held. It's not making a lot of progress but I'm back in the green and didn't get stopped by only 20 cents.

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I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
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