SPDR S&P 500 (SPY): Good point GuTA on OB/OS as a very weak...

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Re: GuTA post# 275636

Tuesday, 01/08/2019 2:57:56 PM

Tuesday, January 08, 2019 2:57:56 PM

Good point GuTA on OB/OS as a very weak short term indicator. Recent example was just last month's December sharp 16% correction down from SPY 279 on Dec 3 to low of 234 on Dec 24. Three weeks of essentially down, with a few flattish days in between.

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