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ccaru
Mar 17, 2015 4:02 PM

Long SPY near trendline Long

SPDR S&P 500 ETF TRUSTArca

Description

While it is unsure that there is a major reversal in place, a limit order near the trendline, with a limit just below the most recent swing low and a target just below the most recent swing high would offer a trade with a favourable risk-reward ratio.
Comments
ccaru
Trade cancelled as the limit order was never reached.
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