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CURRENT MARKET TREND: Up 5/27/16 @ 2090
Stop-loss 2026






Monday, September 30, 2013

Updates and New Trade on CMG

Lowered stop-loss on SPY trade to 169.03 all other trades remain open with same stops.

NEW TRADE:

Shorting CMG into this rise today. It's a good risk/reward setup after rising out of a fourth wave triangle.

Charts:



I'm seeing an e wave triangle within the larger (iv) wave triangle and a pop out of it. It has now entered the first Fib Resistance Zone and can run to touch 433-35 where I will add to the short position.

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