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Re: NASARAVI post# 90

Tuesday, 08/14/2018 12:09:18 PM

Tuesday, August 14, 2018 12:09:18 PM

Post# of 207
AAPL lt buy timing question

* When SPY touches or closely approaches
a daily value near but NOT below the 3% mark
below the 70-week sma...lasting price action
below the 3% mark below the SPY 70 week SMA
is extremely bearish only while it lasts .. most SPY intraday
corrective lows over the decades do NOT violate the 3% mark
below the 70 week SMA for dividend adjusted
SPY price action

got it? Do not act on AAPL daily weekly or monthly charts in isolation

only lazy and/or uninformed investors
make risk vs. reward decisions in isolation to
the market's technical environment

how about it?

and FYI ...this is posted at Glen's IHub board
and Jim Kurtz's IHub board already by me for SPY
3% mark below the 70week SMA ... a very savy technician
pointed out this repeated chart event to me over a decade ago

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