Bullish divergence one 4H & 1H macd & RSI

Panjang

SPDR S&P 500 ETF TRUST (AMEX:SPY)

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AMEX:SPY SPDR S&P 500 ETF TRUST

This is not a recommendation, just my own trading strategy. I’m waiting until we break above $330 and test it and will go long taking profit at the gap fill which is at the .5 Fib level and will close the remainder of my position at the .618 Fib level. The measured move of the descending triangle would take you to the .786 fib level but we are still in a technical correction so don’t get your hopes up on that large of a retracement. As always, be safe & be smart! All criticism is welcome so please leave a comment!

Komen:

Targets reached, closed 80% of trade as this seems to have some FOMO left in it. Hope you all enjoyed the gains!

Penafian

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