Conversation

They call my S&P trading "System" the Holy Grail of trading systems. If you would of went long on Tuesday when the 10 sma broke above the 50 sma on the day chart. You'd be up 250 S&P points now in just 4 days. That's an over 6% gain or in the $UPRO an 18% gain.

12:43 AM · Mar 19, 2022Twitter Web App

Replying to

and

Are we not overbought here according to the system?

Replying to

Overbought is not the same as oversold. At this point you have to wait until you get a sell signal a negative cross of the 10 below the 50 sma to short.

Show replies

Replying to

and

thanks. I was long tqqq Tuesday morning $42.00 today it broke $53 near the close.

Replying to

Great call! Congrats

Replying to

and

What was your key indication of not shorting this time when it went around the 4415 mark today?

Replying to

and

How do you act when the 10sma broke over on the 9th of march? Do you wait for some type of sign of strength or do you go in and then cut your position when the sma goes back down like it did on the 10th?

Replying to

and

That could be 1000% in option gains. Potentially more.

Replying to

and

This felt like an elevator both up and down, pretty amazing squeeze up.

Replying to

and

How do you see volume?

Replying to

and

Thank you for your all the help. Sorry if i am wrong. You say 10 crossed 50 sma in daily. But i see many candles between the day. Is the chart shows hourly candles? Sorry i m trying educate myself.