I am going to post a new bullish trade here as the technical indicator set-up looks very good with a clear stop level.
This will be a little more active than the last trade. The exit could be as soon as tomorrow and almost definitely by Wednesday.
New Trade:
Buy SSO with a market order today before the close. Current price is 33.31 which will be the blog entry. Place a GTC sell stop at 32.00 immediately after entry and use the money management post for guidelines on position size.
P.S. If you don't get in today and want to tomorrow, use a limit order of today's closing price on SSO to buy tomorrow. I suspect a gap up and if it's big, I don't think you should chase it.
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