The QE 3 looking to take a 1st entry on both ES and SPY
I would NOT construe that as a sell signal for the market - the
systems are the systems they are not market analysis .
For the market my subjective analysis suggests that since we
have a symmetry break on this rally off last Thursday's lows, I
favor a higher low on the next pullback - therefore my though here
is that these systems will probably cover their short on that
pullback higher low
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ES and SPY systems may take a 1st entry short today
Posted by matt on 27th of May 2022 at 11:01 am
The QE 3 looking to take a 1st entry on both ES and SPY
I would NOT construe that as a sell signal for the market - the systems are the systems they are not market analysis .
For the market my subjective analysis suggests that since we have a symmetry break on this rally off last Thursday's lows, I favor a higher low on the next pullback - therefore my though here is that these systems will probably cover their short on that pullback higher low