12.13.2011

Up, down, up, down we counted 4 days, all huge! Can this repeats today?

SPY 30min: My trading range seems from (122.90 - 123.09) to (124.68 - 125.22). I give a bounce higher odds for Dec 13, 2011 and will seek chances to buy instead of short if my trade setting triggered.


My Trade Setting for 12/13/2011
Bulls: Buy if 2 of 3 major Europe indexes (CAC 40, DAX, FTSE 100) are green more than 0.00% and the third if sinks, not deeper than -0.25% and SPY opens in green or just in slight red (> -0.25%).
Bears: Short if 3 major Europe indexes sink and 2 of them sink more than -0.50% and SPY sink more than -0.50%.

Reviewing the Game Setting for Monday 12/12/1011
I am slightly bullish to neutral until I hear a good new from S&P. A bad new from him would favor a pullback.
Bulls: Buy if 3 major Europe index are green more than 0.5% (CAC 40, DAX, FTSE 100) and SPY opens in green or just in slight red (> -0.50).
Bears: Short if 3 major Europe index and SPY are diving more than -0.50. => Short 124.80 covered 124.00 scored 0.80.
Accumulated Score from 11/23/2011: 2.10 + 0.80 = 2.90.

No comments: