Friday, March 04, 2016 3:18:38 PM
SPX
1 The RSI is the Relative Strength Indicator. As long as you are above 50, it is a bull market. When it dips below, you are in a bear market
2 when the market closed above the 20 MMA (Month Moving Average) shown as an orange line, we have been in a bull market
3 When you reach the top BB line, you are definitely in a bull market until the next time the price moves to the lower BB.
4 Downsloping PPO is pretty bearish. The histogram is a good signal. Until it starts to go positive, you have to respect that you are probably in a bear market.
1 The RSI is the Relative Strength Indicator. As long as you are above 50, it is a bull market. When it dips below, you are in a bear market
2 when the market closed above the 20 MMA (Month Moving Average) shown as an orange line, we have been in a bull market
3 When you reach the top BB line, you are definitely in a bull market until the next time the price moves to the lower BB.
4 Downsloping PPO is pretty bearish. The histogram is a good signal. Until it starts to go positive, you have to respect that you are probably in a bear market.
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