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3) July 15th the s&p breaks over the 50 S&P. That send a BUY signal and now the 50 sma becomes support. Now you buy and hold as long as the s&p trades above the 50 sma. Another winning trade $. Now hold and today another higher market. Now hold/buy dips as long as 50 sma holds.
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So let's go over some system trades from last week. 1) July 11 the S&P breaks below the 50 sma you go from long to short. Then resistance becomes the 50 sma and the s&p fails. Followed by a cross of the 10 below the 50 sma all negative. The market falls you make $ take profits.
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