Bounce off trendlines

2019年8月14日

I'm looking to go long if we can keep above this bounce off the trendline. I will wait to place my order until we get near the close. I have been using UPRO (3X S&P for my swing trades.) I expect to retest the 2900 resistance level. I and can make a quick 4-5% as part of that retest. If we can close above 2900, I expect we are heading up toward the top trendline.

2019年8月14日

注释

I'm glad I waited to place my buy order until the end of the day. It looks like we are going to retest the trendline.

2019年8月15日

交易结束：到达止损

Closed my long, as my stop was reached. I took a 2% loss on this one. The Walmart news was just not enough to sustain the upward move today.