Considering adding to the trade

There is a company out there called Keystone Trading. They are strictly stock traders...but it's one of their basic trading premises that apply to this post.

They discuss "momentum" and adding to a winning trade (I am slightly up as of this writing.) I am going to consider shorting another Lot because of the way the S+P closed today and the 'hammer' that printed for yesterday's daily close.

The SDS ETF (which is a short equity fund) also closed at a higher high today. Not much data, but that also looks like it's forming a base. (Clicking on the chart gives you a clearer view):













This is a chart from Market Club...one of the four biggest factors in this account's success. Notice that all three monthly, weekly and daily triangles are down. BUT, I have a feeling that an UP daily will be issued in my mailbox soon.