Cobra's Market View Private Messaging System shows:
The bottom line, the short-term trend is up, but I hold no position overnight.
No clue about tomorrow, but since the trend is still up and the intraday pattern looks like a Bull Flag to me so I’ll assume the trend will continue up? And the target, according to the measured move, could be $128.32.
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|
|SDS||12/30/2010||$23.88||400||$23.60||01/03/2011||$23.30||-232.00||Gap down, manual stop loss used.|