Monday, September 4, 2017

September 5, 2017

I want to start out by apologizing for my lack of attention here. I have been extremely busy and will continue to be so through at least September. This is going to be a tough month because I will be on the road up in Breckenridge most of September.

As far as the market goes I am still expecting that higher high this month or next. My target is 2513-2531. We are currently at a tough spot but it was the bulls in control last week and I think it will continue into FOMC this month. We left a little shooting star up there on Friday but I don't really believe we will leave any gaps in this territory so even if we start out on the bearish side I wouldn't expect it to continue for long (perhaps this gets it started LOL). Anyway I closed out my September position the week before last at pretty much break even. I sold TLT for a decent profit so all in all I can't complain other than the lack of trading and trading time I have had.

That's it for now and I promise to try to check in as time warrants. Good luck and keep 'em green!

Tossing up a Dow weekly just cause it isn't something I watch a lot but had some stuff drawn that has all  occurred to this point. It exceeded my red line but the blue has held so far. 

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