3309 Drysdale Ct
Edwardsville, IL 62025
Is there ever a SPY system bear trade on a rally?
Yup... the breakout system.
no there's no reversion to mean or breakout systems long
on the KISS stuff, as I discussed IWM KISS went back long last
week on Tuesday via that ultra rare exhaustion washout trade that
has only triggered 4 times in the last 20 years: Last week, Mar
2020, Dec 26th 2028, Mar 10th 2009, and Oct 2002.
I stated that it only triggered on the IWM and not on the SPX or
QQQ. I've considered before if that condition triggers on one of
the indexes, go ahead and have it go long the other indexes as well
since they should all move together. It's something to think
about but otherwise that's information I've put out there since
last week. the KISS on the SPX or QQQ will not go back long for
quite a while, I commented last night if someone felt the need to
be back long, be long and have a stop at the higher lows -
4450 was tested and held twice, seems like a good place for a DVT
again trade your plan, everyone is different
scratch that - SPX daily showing a long today now, realize price
nearing that ATR now
Matt, how close are the bear systems to triggering?
why do you think the bear long would trigger? that occurs when
price has been below 200 day MA for long time and very oversold
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