Following the green…
After dropping hard last Friday and drifting lower through the week, SPY is on a bounce so far today. Got my Follow-The-Green buy signal at 7 a.m. today (pacific time), and the intraday trend has been up since that time. See chart below (will try to update, trading permitting, during the day).
By the way, those numbers on the lower right of the chart are net gains for 10 contracts (the green number) and 50 contracts (the yellow number).
Must remind this post is for an entertainment purpose only and not to be construed as investment advice, which is why it is intentionally not in real time.
(right click on the chart for a larger view)
UPDATED CHART (what a difference an hour makes…)
UPDATE END OF THE TRADE: