Business Magazine

Closed 3 of 4 Wonderwood Long Positions

Posted on the 23 August 2013 by Souljester @souljester618
I have closed 3 of the 4 Wonderwood (see names of trades tab) longs. This is not a directional call as I am off today. Weekly Stock Market Update, Outlook, and Forecast for Next Week.  I have moved my stop on the remaining long position to SPY 164. Here is the chart: Closed 3 of 4 Wonderwood Long Positions

As you can see from the chart above, two of the Wonderwood Longs gained 1.12 SPY points each. The third Wonderwood Long gained 1.81 SPY points. Total gained on the three longs was 4.05 SPY Points. 


In sum, since the May 22 top, so far, the Wonderwood Trades have gathered 30.22 SPY points (approximately 302.20 SPX points) trading in both directions and all trades posted real time. Recent Wonderwood Summary.  


I still hold one Wonderwood long from the 164.51 entry. As always, I will post when I close it. Have a great weekend!


Peace, Om,

SoulJester

Back to Featured Articles on Logo Paperblog

Magazines