some may have stopped out there with a hard stop - if not,
though, one could decide now what to do with it. The daily system
isn't changing anything so if the market were to go back to a high,
that 60 Stoch would still stay short. So best to now imply some
sort of stop to not allow that just in case - but nice job
not stopping out there, with the reversal -so you can breath easier
on it now, but some sort of stop in place now makes sense
yeah will do man for
SPY bear long
Posted by matt on 13th of Dec 2022 at 12:27 pm
yeah will do man for sure.
some may have stopped out there with a hard stop - if not, though, one could decide now what to do with it. The daily system isn't changing anything so if the market were to go back to a high, that 60 Stoch would still stay short. So best to now imply some sort of stop to not allow that just in case - but nice job not stopping out there, with the reversal -so you can breath easier on it now, but some sort of stop in place now makes sense
Matt, I see a high-position
Posted by junkie on 13th of Dec 2022 at 12:34 pm
Matt, I see a high-position size selling today (shown in blue) indicative of professional selling. It is the opposite of A moves on your charts, FWIW.
thanks, I think I have
Posted by matt on 13th of Dec 2022 at 12:37 pm
thanks, I think I have that setting still in that indicator I use for the A's but it's turned off. I'll have to look at it again.