Is there ever a SPY

    Posted by steverobin on 9th of Feb 2022 at 03:07 pm

    Is there ever a SPY system bear trade on a rally?  

    Yup... the breakout system.

    Posted by fredsaid on 9th of Feb 2022 at 03:40 pm

    Yup... the breakout system.

    no there's no reversion to

    Posted by matt on 9th of Feb 2022 at 03:50 pm

    no there's no reversion to mean or breakout systems long guys

    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 to me. 

    again trade your plan, everyone is different

    scratch that - SPX daily

    Posted by matt on 9th of Feb 2022 at 03:54 pm

    scratch that - SPX daily showing a long today now, realize price nearing that ATR now

    Matt, how close are the

    Posted by pebs on 9th of Feb 2022 at 03:43 pm

    Matt, how close are the bear systems to triggering?

    why do you think the

    Posted by matt on 9th of Feb 2022 at 03:51 pm

    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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