After failing earlier at the

    Posted by chartboy on 2nd of Nov 2020 at 02:14 pm

    After failing earlier at the center channel line, Spy is backtesting its Oct 26th downtrend line. 

    Thanks. 

    Posted by mdgfain on 2nd of Nov 2020 at 02:21 pm

    Thanks. 

    Your welcome.  As you can

    Posted by chartboy on 3rd of Nov 2020 at 06:54 am

    Your welcome.  As you can now see, that was the holy grail “first pullback” entry for this reversal. I try not to be too predictive here, but wanted to flag it for those who could recognize what it was. 

    yep the holy grail first

    Posted by matt on 3rd of Nov 2020 at 09:28 am

    yep the holy grail first pullback. Also note on that pullback we had cycle buy's on the 15 min charts show up on that mid day pullback yesterday, which tested your broken trendline

    Great info. Much appreciated. 

    Posted by mdgfain on 3rd of Nov 2020 at 09:22 am

    Great info. Much appreciated. 

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