Thursday, December 01, 2016 8:58:02 PM
$SPY
RSI=2 is approaching oversold levels but can stay there for awhile like
back in Oct 27th for a week there, also, the TSI indicator is about to confirm, and the most important is keep watching the 8ema curling downward,
once it crosses under the 34ma, you will then see a market decline for
a longer period of time, right now we can zig zag back and forth until then, more later.
RSI=2 is approaching oversold levels but can stay there for awhile like
back in Oct 27th for a week there, also, the TSI indicator is about to confirm, and the most important is keep watching the 8ema curling downward,
once it crosses under the 34ma, you will then see a market decline for
a longer period of time, right now we can zig zag back and forth until then, more later.
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