SPDR S&P 500 (SPY): I was just kidding, but I think your put...

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Re: risk on post# 148525

Friday, 08/21/2015 3:35:08 PM

Friday, August 21, 2015 3:35:08 PM

I was just kidding, but I think your putting too much weight on those indicators. During normal candle patterns I do use them and they do work well, but in this situation I wouldn't rely on them. We're entering a correction and spy is not trading in normal patterns right now and therefore those indicators aren't nearly as reliable as they would be usually.

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