SPDR S&P 500 (SPY): Was no such thing on ADX "ADX is hintin...

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Re: Agent13 post# 137411

Wednesday, 05/20/2015 8:33:46 PM

Wednesday, May 20, 2015 8:33:46 PM

Was no such thing on ADX

"ADX is hinting at big move while overbought."

For that to happen the green line needs to cross over and the signal line to rise.
At a very minimum the green line needs to be above. Last 2 days it climbed over , so only now it's primed for a SPY move higher.

If it does we'll still have dips to ride along.
Last few months showed us that volatility is increased and I don't think it will go away any time soon. Meaning bears/shorts will make some money too.

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