Matt - What are your

    Posted by shecar on 15th of May 2019 at 12:33 pm

    Matt - What are your thoughts here on the daily SPX ribbon (pinching or crossing?) and the 60 stoch (going to hold or breakthrough that 50 level)?

    like I've been talking about,

    Posted by matt on 15th of May 2019 at 01:03 pm

    like I've been talking about, it's an area of inflection, like you noted on your chart the 60 Stochastic, and BPT BR Squeeze I've been showing etc, the MA ribbon is the same, it's pinching and is an area to look for support, which the market has found the last couple days.  

    I'm planning to do a video in the next coming days on all this stuff.  Like I've been saying , there's a combination of all this stuff that can be used for a swing type system, though I haven't put all the rules together yet

    shecar - you will need

    Posted by steve on 15th of May 2019 at 12:55 pm

    shecar - you will need a confirmation candle as discussed to confirm but trade your plan 

    Thanks guys.  And that confirmation

    Posted by shecar on 15th of May 2019 at 01:19 pm

    Thanks guys.  And that confirmation candle would be a close above the 5/13 highs, correct?

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