Market Direction INDU SPX OEX NDX RUT

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Conclusion for a daily Dow Trading System:

Buy 12500 Stop Closing
Sell 12400 Stop Closing

short B12500SC or S12400SC

 

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For SPX:

Buy 1420
Sell 1410

at 10 Point grid
use trailing stop

Waves

12313236112521337181313?

System

Stop 2 Trail 2 no Profit target

 

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Currently the INDU is in an upmove (long since 12530).

Trailing stop on a hourly closing base at a 10 point grid is 12540.
See attached graphics.

 

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Now showing Entry and Exit (Trail on 10 point grid)

 

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INDU status: UP on 30 point grid 10 days

Long since 12540
Stop/reverse @12540 (TS on 30 point grid)

System S151
Result 9/14 (9 points in 14 trades)

Stop 30 PT 150 Trail 30
Graphics shows 14 Waves. Profit 9*30 = 270 points.

 

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SPX Status (10 days, 5 point grid)
--------------

SPX long since 1410
TS @ 1425 (also reverse point)
PT 25 points

- see attached graphics -

 

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SPX stopped out at 1430 TS.
Gain is 4 units or 20 points.

Currently SPX is bullish.
Long since 1430.
TS @ 1425

 

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The information for the Dow is:

Short since 12450
TS is at 12570 @ a 30 point grid.

 

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The information for the NDX is:

Neutral

Long, if 1810 is crossed up.
Apply TS 1800 (trail at 10 point grid)

of

Short, if 1780 is crosed down.
Apply TS 1790 (trail at 10 point grid)

 

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The information for the RUT is:

Long since 785
TS 780 on 5 point grid