The bottom line, the short-term trend is up. I hold partial long position overnight.
Tomorrow is the 1st trading day of April, suppose to be very very bullish as per Stock Trader’s Almanac, Dow up 13 of last 16. The chart below also shows that we’ve had a bullish month start for quite a time. Personally, I also believe a green day tomorrow is more likely although the start of the day might be a little weak (I’ll be on the bear side if too weak though) judging by how the market closed today.
Demo account for short-term model, $200 max loss allowed per trade. Mechanical trading signal, for fun only.
TICKER | Entry Date | Entry Price | Share | Stop Loss | Exit Date | Exit Price | Profit | Comment |
SSO | 03/28/2011 | $52.02 | 100 | $49.91 | ||||
LAST | 1158.00 | |||||||
SUM | 1158.00 |