Long

The S&P is on wholesale right now & presenting a nice Buy

Updated

Anytime we get significant pull backs and corrections on the US Indices it presents a nice buying opportunity, I recommend that you trade the SPX500 CFD contract over the Futures since Margin Capital is increased significantly over the weekend and there are also gaps that you have to take into effect. The Daily and Weekly and in full blown uptrends, so the bulls should be showing some life come Late Sunday to Early Monday.

Note

So we never got filled on the trade as the market never rose above the 3347.70 level. This shows the power of maximizing your entries. Instead of using a Market Execution Order we implemented a Buy Stop Order and it helped us avoid a loss on this trade.

MrWallSt007

Mr Wall Street

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