7-25-2013 Intra-Day Updates

1:30 PM

System issued a 60 min long signal above 169.23

60 min interval take Profit above 168.82 on SPY

120 min interval stop loss above 169.81 on SPY

11 AM :

Finally 120 min confirmation so set Stop Loss to 169.81

60 min intervalStop Loss above 169.47 on SPY

 

10 AM: Looks like the market decided on another leg down before correcting so the Stop signals are updated accordingly

60 min interval stop loss above 169.47 on SPY

120 min interval stop loss/reversal above 169.13 on SPY – this should be treated as an entry signal