Today's Trading Plan: Searching for a Pulse

By Ryan Mallory of SharePlanner

Founder of Share Planner • Aug 10, 2016 at 8:03 AM EDT

SPY finished higher but is struggling to maintain bigger intraday gains. Caution is warranted.

Technical Outlook:

My Trades:

Added two new swing-trades to the portfolio yesterday.
Sold CAT yesterday at $83.04 for a 0.8% profit.
Sold CVX yesterday at 101.22 for a 0.5% profit.
May add 1-2 new swing-trades to the portfolio today.
Will consider hedging the portfolio as well with a short position.
Currently 60% Long / 10% Short / 30% Cash

Chart for SPX:

STOCKS IN THIS ARTICLE

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