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S&P 500
5,464.62
(
-0.16%
)
US TECH 100
19,220.00
(
-0.20%
)
Dow Jones
39,150.33
(
0.04%
)
Brent Oil
84.39
(
0.00%
)
Bitcoin
64,377.23
(
0.21%
)
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Duma

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Duma

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Re: None

Monday, 01/10/2022 3:35:20 PM

Monday, January 10, 2022 3:35:20 PM

Post# of 31478
For my long term holdings of SPY, I am getting close to starting to take some action. However in the last hour things have turned around.

Prices were getting very close to Lower KC, 5% drop from high, and 100dma. First major support is just a little lower.

Here is a look at all the PB's for SPY for 2021/22. As you can see we only had one 5%+ pull back. Data is based on closes only.
 
 Top	Bottom	%	Bottom d 
 			 
 379.33	365.2	-3.7%	29-Jan 
 387.47	371.74	-4.1%	04-Mar 
 417.93	401.38	-4.0%	12-May 
 450.05	427.14	-5.1%	04-Oct 
 468.08	448.92	-4.1%	01-Dec 
 469.09	454.98	-3.0%	20-Dec 
 477.71	459.44	-3.8%	today

Trade the Charts and not the Heart - Expect the trend to
continue until it doesn't - Realtime is the real deal

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