SPDR S&P 500 (SPY)

[USDollar]

OEPM is to be regarded as an indicator (i.e. Fibonacci)

What all indicators have in common?
2 things
1. price following (so they lag, it MUST lag)
2. They all have a rate of failing and misleading.

I have NOT EVER red anything about any study and conclusion on OEPM fail-side. Every fan act with total lack of seriousness and boldly present it as fail-safe.

The failure even doesn't come in one form, but no one ever see nor care to look. It is a sad state.

I don't want it or anything to fail, but it just does here and there.

Furthermore, if you back-check, like REALLY BACK check it can be seen OEPM of today failing to amount to anything. And that's a no-no and an eye opening.

I'm looking at other indicators and OEPM seems to be bullish but contradicts the other parameters. ... then you have pre at 447 or so for the insiders and SPY red for the rest. This tells you something too.

OEPM does not live in a vacuum , and as a rule, a valid indicator must cross times, not just working in certain years.
For example Fibonacci or stochastic live well in every single period or year. And we know their shortcomings and failings very well (i.e. stochastic failing in a trending market when used against it)