SheepTrades

$SPX Super Momo

Long
SP:SPX   S&P 500 Index
SPX SPY triggered the momentum algo and we have now entered momo.

We may be lucky and see a pullback on JH Friday which everyone and I expect.. or maybe we don't get so lucky.

Stops to invalidate momo would be ideally set 4390 on SPX. If not already in, ideally you want to see a pullback for better risk/reward entries with stops flexible in 4390~ish area.

Expectation: 4775 SPX by end of September - early October

NDQ QQQ NDQ

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