InvestorsHub Logo
Followers 84
Posts 9226
Boards Moderated 4
Alias Born 09/07/2007

Re: rimshot post# 289

Wednesday, 05/27/2020 12:25:28 PM

Wednesday, May 27, 2020 12:25:28 PM

Post# of 368
SPY 299.08 = daily close high for multiple months,
achieved Tuesday May 26

SPY daily closes chart -

https://stockcharts.com/c-sc/sc?s=SPY&p=D&yr=0&mn=8&dy=0&i=p48032502715&a=663798088&r=1586349862082

* bulls need to defend the 100-day SMA
during future declines - keeping it simple means
mechanical trading ... no need to avoid
being a producing robot ... anything else we think
we are is merely ego

** SPY -- 13 consecutive days have closed above the 63-day SMA
( 63 trading days = one quarter of a year )

** the $SPX ITBM smoothed with the 10-day EMA shows
21 consecutive days the ITBM's 10-day EMA has
resided above its zero line
, as of the May 26 close

* time is our most under appreciated & valuable asset, lest we squander it *

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.