This could be a quick trade.
This trade follows a sell signal on finance triggered by the Pivot Trend System at today's close.
The Pivot Trend System is not doing great recently, which made two losing calls in a row. This rarely happens. However, on the other hand, it may be now on the way to its over 70% winning rate again. Every system/trader has its dog days.
Just move on with risk management.
Posts
Morning Post 03/03/2025 SPX
3 hours ago
what's your target on FAZ? Have you seen a buy signal on your system?
ReplyDeleteThanks a lot.
I don't have a target for FAZ for now. Yes, the sell on finance was triggered from my system at today's close.
ReplyDeleteLast week URE was weak. This week, SRS is weak.
ReplyDeleteI'm going to punch somebody.
Do you have any target for FAZ ??
ReplyDeleteis it short term ??
I have a specific target on FAZ. I always like the market to tell me whether I should be out. Yes, this is for a short term play.
ReplyDeleteI am confused about IYR/SRS/URE, too. But daily chart on IYR is bearish to me, looking like a back test DMA(50), and a kiss-goodbye.
Sorry, I meant I don't have a specific target on FAZ ...
ReplyDelete