SPY Monthly. My longer term target ( With the volatility
of the market it could be in a couple of weeks) green box.
The Monthly chart helps me with the overall view of the market and
it tells me right now, every rally is to be sold. Look for
critical resistance areas to go short (This week is was the 260
area as that is the underside of the big ugly red candle from
March. if we break above that resistance then next area is
270-280ish. Just my two cents.
the ROC indicator works well above or below zero on those
charts, also use a 5 and 9 EMA, I'll re post my economic indicator
charts, I've posted these over the past year from time to time,
SPY Monthly. My longer
Posted by ssaffer on 3rd of Apr 2020 at 02:01 pm
SPY Monthly. My longer term target ( With the volatility of the market it could be in a couple of weeks) green box. The Monthly chart helps me with the overall view of the market and it tells me right now, every rally is to be sold. Look for critical resistance areas to go short (This week is was the 260 area as that is the underside of the big ugly red candle from March. if we break above that resistance then next area is 270-280ish. Just my two cents.
😩 Seriously?
Posted by mdgfain on 3rd of Apr 2020 at 02:32 pm
😩 Seriously?
Is it different this time?
Posted by ssaffer on 3rd of Apr 2020 at 03:02 pm
Is it different this time?
the ROC indicator works well
Posted by matt on 3rd of Apr 2020 at 06:24 pm
the ROC indicator works well above or below zero on those charts, also use a 5 and 9 EMA, I'll re post my economic indicator charts, I've posted these over the past year from time to time,
Hi SSaffer, Can you post
Posted by Walt on 3rd of Apr 2020 at 03:18 pm
Hi SSaffer, Can you post the same chart for today? This one posted appears to be a month old. (it is fantastic!) Thanks
I suspect that is the
Posted by 24kau on 3rd of Apr 2020 at 03:22 pm
I suspect that is the latest one until it updates probably this evening.
Until the SPY closes above
Posted by ssaffer on 3rd of Apr 2020 at 02:49 pm
Until the SPY closes above 290 on a Weekly chart, it is in play.