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How right was I?

|Includes: China Agritech, Inc. (CAGC), SPY, UPRO

 If you recall this post, I stated that we had put in a swing low that would last for a while. Well, I could not have been more right. Since I made that call, the S&P has risen 9.3%! During this most recent up leg, I made many successful trades to the long side (CAGC for example). Unfortunately, my stop on UPRO was a bit too tight, so I missed out on 30%+ run.

I love technical analysis!

Thanks for being a part of! Always trade with a stop loss and manage your risk appropriately.

Happy Trading,