Talk about a turn of events. From holding the 20 SMA to crashing through the 20 SMA and the 50 SMA. DIA is sitting right a support at the moment but on a SELL signal. Oddly CEFL held its
20 SMA giving 3 out of 4 green lights with The Money Flow Trading System. I am now fully invested at 2000 shares. The way the indexes closed I don’t have warm fuzzy feeling about the new BUY signal holding long. But I trade the signals not my feelings.
CVX and SAND finished the day in green, up 1.41% and 2.37% respectfully. Precious metals (UGLD,USLV) also finished the day slightly green. Our fast money trades look good, nothing to do now but wait and see how it goes.