Did SPX get the whipsaw confirmation today as discussed in this?

    yes they would have on

    Posted by matt on 30th of May 2019 at 09:30 am

    yes they would have on 60 Stoch and BPT BR Squeeze indicators.  Now the question is does price no go down very far and simply reverse back up later on or price go a lot lower. But yes they confirmed. However one rule I'm exploring: notice how the ATR went negative back on 5/13 and stayed negative no even budging during that bounce on the previous couple weeks. Generally my observation is that when this indicator crosses zero, generally it will start reversing back quickly if it's gonna be a whipsaw, but if it just stays below zero a long time, generally it's gonna confirm and one could use that to perhaps exit earlier

    Thank you.  I dont believe

    Posted by shecar on 30th of May 2019 at 11:11 am

    Thank you.  I dont believe the ATR is on the chart you showed.  When you have a chance could you clarify please?

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