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DSM I: SPYder Targets for 7/3/07

July 3, 2007 at 9:22 am by Will

I’ve cobbled together a chart of what’s happened since I started testing my RSI(4) - based swing method, which I lovingly call “DSM I ®”. Here’s where we are:

The green “1″ is the first trade entry on June 21. The red “1″ is where that trade was stopped out the next day. The green “2″ is the entry for the second (and current) trade, and the levels I’ve added are the stop and extension targets after entering yesterday’s closing data.

• Position: Long from 149.70

• Target (exit price): 153.45

• Stop: 148.90

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