If you had traded last nights signal (and I'm glad that I didn't) you would have lost. Anyway, the system is showing a sell with target 1498 today. I am not sure if this would be a good idea considering how strong the market is.. I think I'll sit out this one also.
If you had traded over the weekend, the EOD system would have yield a profit today.. however, you would have had to have ridden through a very large draw down. Tonight, we are seeing another sell signal to take profit at 1483. The markets look very jittery and after todays rally I am not sure whether to take this or not. For those who fancy it, give it a shot!!
Unfortunately, the market crashed today and I ended up losing on the S&P EOD trade. I have capped my losses at 10 points so I ended up taking that hit! Oh well, win some you lose some.. we're still winning 5 out of 7 trades!
