paulyberndt
Long

SPY LONG Weekly

AMEX:SPY   SPDR S&P 500
107 0 0
A buy was triggered this week on the Williams Alligator System
This is a saucer buy and I have noted where to add capital.
1. Price is above the Alligator Bullish
2. Alligator is pointing up Bullish
3.Set stop below teeth of Alligator red line or two bars behind this weeks price
Note because this is a weekly charat it may take time to trigger this setup. However it does allow you to capture the momentum safely
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