SPDR S&P 500 (SPY): Those tight envelopes are just something...

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Re: crosswinds post# 110872

Friday, 12/03/2010 2:58:44 PM

Friday, December 03, 2010 2:58:44 PM

Those tight envelopes are just something I came up with. I use them like moving averages, not envelopes. Note a cross of the 5 over/under the 20 is a signal. They can be useful as stop indicators. The ROC 18 crossing zero up or down is a good buy/sell indicator. I find this a good chart template for many items/ETF's etc. I use it for EDC and EDZ. Just plug in the symbols.

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