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200 SMA strong support

October 13, 2014

Eight out of twelve trades were loser. This is one of the worst string of losses. When this happens, a string  of good trades is around the corner.

200 SMA should be a good support for a bounce.

Seasonality looks mildly BULLISH.

The followings will trigger if SPY closes below 190,54:

BULLISH PATTERNS: 54-95-165-202-301

BULLISH SYSTEMS: 199

If the above rule triggers, I will enter LONG at the close.

 

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