protegefx

Momentum Exhaustion

Long
SPCFD:SPX   S&P 500 Index
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2-day RSI depicts momentum exhaustion. We will go long S&P 500 with small leverage on Monday at the open for a re-test of Sept 6 Open,1403. The risk however would be with selling through a stop of 1354.60.

Comments

We actually get the direct right but timing and stop is wrong.
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