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Long term Trading system

|Includes: SPDR S&P 500 Trust ETF (SPY)

I use different long term signals to decide what the longer term trend of the market is. I got a long term sell signal on the NYSE comp today. I believe the OEX will give a sell signal by the end of the week. These signals have been very accurate when used on OEX, SPX, NYSE comp and NASDAQ comp. The worst performer is 80% accurate and the rest have been 100% accurate.

Today the SPX got above that 1040 area which is good news but if I get a long term signal on one other index this week I am going to cash on my long term portfolio.

Today's rally will also confuse all those people who constantly look for the head and shoulder pattern because it got above the neckline today.

See my last post if you want more detail.