goodguy
Long

XLK technology. Idea for shorter term

AMEX:XLK   SELECT SECTOR SPDR TRUST TECHNOLOGY SELECT SECTOR USD DIS
Last advance of technology set a new high. The big question is that THE TOP or just the first of 5 up waves to THE TOP. As usual I don't know. In the meantime I think there is a good chance the gaps will be closed. One is at the .62 retraction level. The other at the .78 level. Process your way.
1X bull XLK
2X bull etf: ROM. bear REW
3X bull etf: TECL . bear TECS
Trade closed: target reached: took profits on my TECL position. first level reached. may reenter later.

Comment: Took another small position in TECL today. Stop drop down out of channel.

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