Replies to post #185145 on SPDR S&P 500 (SPY)

[imiloa]

only a 4-day run thus far, and this rally could be opex-driven.
if SPY stays overbought and rising into next weds, then we can reassess.

[USDollar]

Oct didn't happen and can not happen without d50 out of the way

So asking that question in this chart position is ignoring a chart fact

If mrs piggy goes above d50 it's the time to contemplate oct

Furthermore, imiloa is a fast shooter daytrader which typically doesn't concentrate effort on longer holds, so oct being a longer hold why asking a daytrader I don't understand

A person like BET or Oddlot among others that takes longer holds would be imo better suited for such a question not that a daytrader can't also have opinions on longer moves, just a logical conclusion on my part

I definitely read posts of daytraders more carefully when I try to see a ST feel and longer hold traders when I want the other longer time moves feel

We are all like some sort of human indicators, ST and MT and LT