The bottom line, the short-term trend is down, not confirmed though. I hold no position overnight.
A little bullish biased toward tomorrow because today is a Major Distribution Day (NYSE Down Volume : NYSE Up Volume >= 9), so chances are 36 out of 55 times (65%) a green tomorrow.
Demo account for short-term model, $200 max loss allowed per trade. Mechanical trading signal, for fun only.
TICKER | Entry Date | Entry Price | Share | Stop Loss | Exit Date | Exit Price | Profit | Comment |
SSO | 03/07/2011 | $52.17 | 100 | $50.84 | 03/09/2011 | $52.57 | 40.00 | Half positioned. |
SSO | 03/04/2011 | $53.01 | 100 | $50.84 | 03/07/2011 | $53.23 | 22.00 | Half positioned. |
SSO | 03/03/2011 | $53.33 | 100 | $51.52 | 03/04/2011 | $53.49 | 16.00 | |
SDS | 03/01/2011 | $21.37 | 200 | $20.62 | 03/01/2011 | $21.76 | 78.00 | New strategy, half positioned. |
SSO | 02/28/2011 | $53.09 | 100 | $52.20 | 03/01/2011 | $53.69 | 60.00 | New strategy, half positioned. |
SDS | 02/22/2011 | $21.05 | 300 | $20.62 | 03/10/2011 | $21.82 | *231.00 | *Close all as per new strategy. |
LAST | 691.00 | |||||||
SUM | 1138.00 |