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Post# of 58646
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wolfgangrene

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wolfgangrene

Re: interloper post# 53503

Thursday, 01/28/2016 6:01:03 PM

Thursday, January 28, 2016 6:01:03 PM

Post# of 58646
Yes.
On short term SPY charts, the PPO/ADX pincher doesn't really have to get to a normal extreme as it would on a stock.
I use it in combination with 10 and 50 in regards to the +DI and -DI lines.
I daytraded SPY options 4 times this week including doing a straddle 15 mins before the FED rate announcement. Didn't blink my eyes for an hour afterward.
I use the 15 min and 1 min chart combo for SPY options.
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