Saturday, December 26, 2020

SPDR S&P (S27) - No Direction

SPDR S&P 500 (S27) like DJIA looks weak.  Better to stay sidelines as the bulls are weak.


Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

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