SPDR S&P 500 (SPY)

[Jiorden]

*clarification*

Indicator data points are not AS concentrated on the lower end of the chart on downward trends as they are on the higher end of the chart on upward trends.

While I do agree with you, that data points do appear more frequently at the lower end during downward trends then they do in upward trends, I don't know if I would go as far as saying it would be like looking at the current indicators (during this upward trend) upside down.

I ran the indicators during the 00 bear market, looks like using all indicators together would have still given some decent entry levels for short 1-2 month rallies.