MACD/Trendline Swing Trader

SP ran into VERY long trendline from 9/19 high at close today... Personally I think these past 2 days are to protect from Friday report..

 

Long SKF 134

 

Stopped out SKF -3
Long UYG 5.65

 

you think we'll be testing the 810 level before mid month again?

 

Scratch UYG.. was looking for 5.82

 

You mean 817 I think... I have no clue... we seem to be in Levitation mode... always seems to be more where that came from.. A "logical" play would be we go back there mid month, then Rally into end of month.. but markets are rarely logical...

Long TWM 107, SKF 129

 

MACD and Stochastic do favor continued strength though... So any weakness probably won't last. Somebody please break 5.63 on UYG for me...

 

Thanks!

 

838 to 850 was hard fought so that is first battle before even thinking of 817.. TWM I need my 112!.. too much to ask?

 

Out TWM 11.6
Out SKF 132