Monday, April 27, 2009

SPX in Pivot Trend System


Pivot Trend System gave a sell signal at last Friday's close (annotated by a red down arrow in the chart). So from now on, my trading strategy changed from last week (since Tuesday)'s buy on any dip to sell on any rally now.

I won't open long positions against what Pivot Trend System gives me usually, until I get a buy signal from the system.

As always, micro management on positions will be acted for reducing risk and market exposure if necessary, like what I did this morning by closing short positions.

Waiting for re-loading short positions.

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