Tuesday, January 1, 2013
Swing trade Update
As posted in StocksTwits on Dec 31 at 12:14am or 14 minutes after midnight :
" Bullish Inverted Head & Shoulders > US Fiscal issues will be resolved > will buy at key levels "
New Swing Trade Initiated at 1384.50 with a separate Swing Trading Account followed by my subscribers. Note : there is another separate day trading account that is followed by a few subscribers.
Swing trade is now + 39.25 pts in profit . The ES market closed at 1423.75. Profits was taken and booked as posted in StocksTwits : @JaguarTrader
The Trade Setup : Daily Inverted H & S Formation < 80% reliable
RSI ( 2 ) Reading : 2 > Day 3 of High Reliability setup
VIX Count : high extreme reversal signal
Daily Fibonacci Retracement Zone : 61.8%
Other Price Action Clues available to subscribers
Happy and prosperous New Year to all
JaguarTrader aka : TraderTopGun
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