SPDR S&P 500 (SPY): Steps of the signal. 1. Monthly closes...

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SPDR S&P 500 (SPY)

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Re: etalors post# 360196

Saturday, 07/30/2022 3:24:23 PM

Saturday, July 30, 2022 3:24:23 PM

Steps of the signal.
1. Monthly closes below 21 EMA after (all time high) - already happened.
2. Pullback to the monthly 21 EMA ("Kiss of death") - Just happened a recently.
3. Drop below the lower point before the pullback bounce ("death") - Has not happened yet.

Imagine if step 3 happens it will bring bitcoin and all the other crypt currencies also.

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