Nothing again today in mlb..nothing close. Even with all those home dogs today.
In our swing trades the market gapped down over 1% and has now reversed with a 1% gain.
The euro is up…..bonds down….and financials very strong today. So i would think strength should continue throughout the day barring any news.
Wfc remarkably is at breakeven on our trade…..its up almost 5% today and the rsi(2) is at 58. If the rsi(2) closes over 60 we will be out of our trade at the end of the day.
Teva is about unchanged for the day….with the rsi(2) at 6.5. So it will take a big move in that stock for an exit today…but the same exit strategy applies.
Its been another rough ride on these swing trades…..but its setup with continued market strength today for a profit….we will see:)
By the way…im sure all of you that are in this trade had to use the utmost of self control not to exit wfc today when it hit breakeven at 30.12. For those of you that are still in congrats..even though it might not work out…its still very good self control. You are on the right step to combat the headwinds of human nature!
Good Luck Today