Market Direction INDU SPX OEX NDX RUT

Conclusion for a daily Dow Trading System:

Buy 12500 Stop Closing
Sell 12400 Stop Closing

short B12500SC or S12400SC

 

For SPX:

Buy 1420
Sell 1410

at 10 Point grid
use trailing stop

Waves

12313236112521337181313?

System

Stop 2 Trail 2 no Profit target

 

Currently the INDU is in an upmove (long since 12530).

Trailing stop on a hourly closing base at a 10 point grid is 12540.
See attached graphics.

 

Now showing Entry and Exit (Trail on 10 point grid)

 

INDU status: UP on 30 point grid 10 days

Long since 12540
Stop/reverse @12540 (TS on 30 point grid)

System S151
Result 9/14 (9 points in 14 trades)

Stop 30 PT 150 Trail 30
Graphics shows 14 Waves. Profit 9*30 = 270 points.

 

SPX Status (10 days, 5 point grid)
--------------

SPX long since 1410
TS @ 1425 (also reverse point)
PT 25 points

- see attached graphics -

 

SPX stopped out at 1430 TS.
Gain is 4 units or 20 points.

Currently SPX is bullish.
Long since 1430.
TS @ 1425

 

The information for the Dow is:

Short since 12450
TS is at 12570 @ a 30 point grid.

 

The information for the NDX is:

Neutral

Long, if 1810 is crossed up.
Apply TS 1800 (trail at 10 point grid)

of

Short, if 1780 is crosed down.
Apply TS 1790 (trail at 10 point grid)

 

The information for the RUT is:

Long since 785
TS 780 on 5 point grid