Monday's Outcomes: DOW, MTRX

I've exited my bull position in DOW after it closed below its stop/loss, with confirmation. See my May 27 analysis, "DOW: An ambiguous breakout", for results and a chart talk.

I've removed MTRX from the Roll Shelf, where it has been sitting for possbile re-entry on the bull side, after its price fell below the 10-day price channel. See my June 11 analysis, "MTRX: Room to rise" for results.

References

My shorter-term trading rules can be read here. My longer-term trading rules can be read here. And the classic Turtle Trading rules on which my rules are based can be read here.

Disclaimer

Tim Bovee, Private Trader tracks the analysis and trades of a private trader for his own accounts. Nothing in this blog constitutes a recommendation to buy or sell stocks, options or any other financial instrument. The only purpose of this blog is to provide education and entertainment.

No trader is ever 100 percent successful in his or her trades. Trading in the stock and option markets is risky and uncertain. Each trader must make trading decisions for his or her own account, and take responsibility for the consequences.

License



All content on Tim Bovee, Private Trader by Timothy K. Bovee is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

Based on a work at www.timbovee.com.