Swing trades

Swing trades

Market just closed and it couldnt of been a better day for swing trades. The market gapped down about 2.6 percent and ended up down a little over 1 %. The encouraging note is that Japan gapped down over 10% at the open and closed only down .75%.

The trades:

400 gwx 28.15  Closed at 29.09  +.94        A 3.3% gain for the day

950 dag 12.63   Closed at 12.11   -.52          A 4.4% loss for the day

200 ezj 58.75    Closed at 64.82 +6.02      A 10.24% gain for the day!!!!!

So almost a 2,000 profit this morning on about 30,000 invested.

Now tomorrow if the rsi(2) is over 50 at the close I will exit the trade.

RickJ

Rickjshandicappingpicks.com

Twitter: rickjsportplays

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