Yea, yday's bar started above the 8ema, but closed right on it. So no long signal and we are poised for a continue dropping of BP it would seem.
SPY broke my trend line on Dec 6th, but rallied to almost a new high Tues. With the open today, a sell signal is getting close. That "almost a new high" would be wave 2 top, so we can expect a dandy w3 down.
Trade the Charts and not the Heart - Expect the trend to
continue until it doesn't - Realtime is the real deal