SPX Sell 12WMA

FX:SPX500   S&P 500 Index
442 6 3
Was wrong on this call or premature, next week will be telling on the direction of the markets.
sunny fxtrader66
yep. I was buying at the bottom after NFP and reversed at 1761. I think it can go higher next week.
I followed 10 am NY money, plus it was a big POMO day, did not even think about going short up at the 12 wma. If next week we see a 3 of a 3, could turn into a nice swing trade!
sunny fxtrader66
how do you find out if it is going to be a pomo day? thanks
The NY FED posts it every month on their website. Here's the link for November. http://www.newyorkfed.org/markets/tot_operation_schedule.html
will do! I was selling after the ECB rate cut but couldn't hold on for more than 10 pts at a time :(
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