you have to understand those type of systems, they are reversion
to mean, the market lately hasn't had large enough pullbacks to
trigger them i.e. in an uptrend you need pullbacks in that trend to
buy into it. The market has mostly been going higher and higher.
The only short systems that could trigger would be exhaustion ones
as all other short systems occur for oversold rallies in downtrends
(which we are not in)
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Hi Matt, still working my way
Posted by donjung88 on 21st of Jan 2021 at 10:10 am
Hi Matt,
still working my way through the site. Just wondering if the SPY systems are still working? They don't seem to be signalling any trades for a while.
dj
you have to understand those
Posted by matt on 21st of Jan 2021 at 11:08 am
you have to understand those type of systems, they are reversion to mean, the market lately hasn't had large enough pullbacks to trigger them i.e. in an uptrend you need pullbacks in that trend to buy into it. The market has mostly been going higher and higher. The only short systems that could trigger would be exhaustion ones as all other short systems occur for oversold rallies in downtrends (which we are not in)