no not on the KISS, see the images above. Only only of the
SPY reversion to mean systems went long
the daily KISS SPX needs the fast BPT MA delxue to go green,
that system needs a reversal higher, it doesn't react on a dime
except in those rare extremely oversold trades like March, Dec 26
2018, and Mar 2009 bottom. It need a decent enough price
reversal to go long in other times.
that's why I made the comments before, if you get out at 3490
you are 250 points better off than had you simply stayed long.
You are 250 points in the black, and so that's why I said if
you see an earlier trigger or reason to get back in early on your
side then do so, the DVT did it's job getting you out at a great
price. Now it needs higher prices to get back in, it doesn't catch
bottoms, unless you get one of those very rare extremely oversold
conditions like Mar, 2018, 2009 etc
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No signal for going long
Posted by signal46 on 21st of Sep 2020 at 03:56 pm
No signal for going long on the Kiss SPX today?
no not on the KISS,
Posted by matt on 21st of Sep 2020 at 04:18 pm
no not on the KISS, see the images above. Only only of the SPY reversion to mean systems went long
the daily KISS SPX needs the fast BPT MA delxue to go green, that system needs a reversal higher, it doesn't react on a dime except in those rare extremely oversold trades like March, Dec 26 2018, and Mar 2009 bottom. It need a decent enough price reversal to go long in other times.
that's why I made the comments before, if you get out at 3490 you are 250 points better off than had you simply stayed long. You are 250 points in the black, and so that's why I said if you see an earlier trigger or reason to get back in early on your side then do so, the DVT did it's job getting you out at a great price. Now it needs higher prices to get back in, it doesn't catch bottoms, unless you get one of those very rare extremely oversold conditions like Mar, 2018, 2009 etc