Tuesday, May 21, 2013

SPY S/R TRADE ZONES FOR 05-21-2013

TODAYS $SPY S/R TRADE ZONE.  PRIOR SUPPORT=RESISTANCE.  THE WHITE ZONE DETERMINS WHO HAS CONTROL, BUYERS ABOVE, SELLERS BELOW.  IN MY HIGHEST ODDS STRATEGY, FOCUS ON LONGS ABOVE THE WHITE ZONE & ON SHORTS BELOW THE WHITE ZONE.  I IDENTIFY TURNING POINTS THROUGHT THE DAY & TWEET OUT WHEN TRADING WITH DIRECTION OF CONTROL IS NO LONGER A GOOD IDEA.  PLEASE FEEL FREE TO CONTACT ME VIA TWITTER OR AT:  TRADENPERFORM@GMAIL.COM 





Notice: This Blog & its contents are intended to be for educational purposes only & not to be construed as trading recommendations  in any way.  You should not follow anyone blindly.  Trading Futures & Options on Futures involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions are subject to change at any time.

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