Stocks did hit a multi-day low on Friday.
If you took the trade then keep a tight stop-loss just below Friday’s low, near 1096 on the S&P500.
Look for an upward bias this week, but Thursday or Friday could produce a sudden setback.
Lunar events this week:
Friday 11th: Lunar Latitude cycle bottoms
Good Luck, Danny Vdb
Hi Lim,
You can already find more info about these Lunar cycles on the main site.
See: http://lunatictrader.com/?Moon_Cycles
I’ll post more about it when time permits.
Hi Danny, What is th emeaning of “Friday 11th: Lunar Latitude cycle bottoms”? Are we expecting the market to turn upwards?