Replies to post #188907 on SPDR S&P 500 (SPY)

[USDollar]

the smaller ma cross is your take, I didn't mean anything there.
What I comment on was SPY vs d50 , nothing else.

d50 is always a magnet, always. Like a magnet it can attract or push away. Since in Oct d50 was downtrending it was supposed to be pushing down SPY. This (pullback at d50) happened but it was short lived.

This time d50 pushed SPY back/down harder and created more waves (pullbacks)

When d50 is neutral and SPY goes through it like it's invisible , then SPY it's gonna start moving strong one of the days in opposite direction d50 slant was prior to flatness and invisibility.

(see may to aug 2015 flat, and prior slant was up)
(see dec 2015 flat, and prior slant was up)

in my experience d50 is a great simplifier of what the market is doing, especially since we tend to clutter the charts with many mas and indicators and drawings.

To that point SPY vs d50 is my main adviser I look first and last.

[risk on]

There's a reprobate living in the car in front of Julian's trailer, it's name is SPY