Is the sell signal on this when SPY closes below its 3 or its 4 SMA?

ok, thank you.  yes, SPY I see 11 days on

I'm seeing SPX actually closed below it's 3 SMA on 12/18/19, therefore breaking this streak last week.  Are you guys seeing different data?  This is what I see for 12/18/19:

• SPX closed at 3191.14
• 3 SMA was at 3191.70

Unless you guys have different data, we're currently only 5 days of closes above the 3 SMA.  Can someone confirm?

Good chart, where do you get this one, Matt?

Matt - In regards to coupling price action w/ indicator, selling using the higher-low stops make sense and could work with many indicators, but what would you recommend for how to buy back in?

BB Width on daily VIX is about as narrow as its ever been.  See red dotted line on BB Width indicator since VIX inception.  Any thoughts Matt/Steve?

https://stockcharts.com/h-sc/ui?s=%24VIX&p=D&st=1990-01-01&id=p45140158144&a=701675422&listNum=1

Thanks, Matt.  Just like to hear your time frame perspective given so much on here is around short-term trades but you guys do a great job of also addressing the bigger trends.

Matt - Are you looking at these divergences from a “bigger picture” point of view or from a short-term correction perspective?

thank you

stevie - thanks for sharing.  what is a "PMA" and where do you track this indicator?  thank you

Matt - Great work on all of this.  By using smaller delta options of 60/70, does that mean you're looking to ramp up the leverage to about 20x vs the 90 deltas that act like 10x leverage?

Matt - Do we have an early buy signal on the "sell in may and go away" based on the MACD?

so the pullback is closing and the QE BTS will remain open?

thank you!

stevieb - thank you for this, would you mind sharing the link to where you found this data?

Thanks Matt, where are you looking to take profits on one like this?

Matt - Are you closing out your SPY breakout trades on a stop-loss?

Thanks, Matt.  So are you saying that a stop on this breakout trade should really go at $298.24?

Thank you, much appreciated.

Matt - Do you put your stop at $4.90 on this one?