$BPSPX - Chart Link - update on the BPSPX
indicator - remember your best signals come after 1 or especially 2
whipsaws. Back in February I stated that the next sell signal would
almost certainly be a good one and boy was it it ever. Then I said
look for the next two signals to be whipsaws and they were
following that big short signal from Feb.
Then I said look for the next buy signal on Tuesday 2 weeks ago
to be good and it WAS.
I then said the next two signals might be whipsaws, the short
was and now it's back on a long.
why is this important! The next sell signal should the market
ultimately form a lower high over all could be a good short
Would not be surprised if we just bounce around at this level
until we see some light at the end of the tunnel or the FED does
something more dramatic.
This link and explanation is gold. worth a million dollars. I
have a suggestion - whenever you make some educational comments
like this i think you should pin them to some education link or
somethink so we can review these for learning..... Same with the
MACD 5 min link you posted few mins ago....i went long on that
pinch and made some quick good $$$
BPSPX whipsaw
Posted by matt on 6th of Apr 2020 at 11:09 am
$BPSPX - Chart Link - update on the BPSPX indicator - remember your best signals come after 1 or especially 2 whipsaws. Back in February I stated that the next sell signal would almost certainly be a good one and boy was it it ever. Then I said look for the next two signals to be whipsaws and they were following that big short signal from Feb.
Then I said look for the next buy signal on Tuesday 2 weeks ago to be good and it WAS.
I then said the next two signals might be whipsaws, the short was and now it's back on a long.
why is this important! The next sell signal should the market ultimately form a lower high over all could be a good short
Would not be surprised if
Posted by jroger on 6th of Apr 2020 at 11:57 am
Would not be surprised if we just bounce around at this level until we see some light at the end of the tunnel or the FED does something more dramatic.
This link and explanation is
Posted by arun on 6th of Apr 2020 at 11:36 am
This link and explanation is gold. worth a million dollars. I have a suggestion - whenever you make some educational comments like this i think you should pin them to some education link or somethink so we can review these for learning..... Same with the MACD 5 min link you posted few mins ago....i went long on that pinch and made some quick good $$$
Thanks for that RECAP Matt,
Posted by retirefire on 6th of Apr 2020 at 11:27 am
Thanks for that RECAP Matt,
that is some good info
Posted by RP on 6th of Apr 2020 at 11:17 am
that is some good info matt thanks!!