Replies to post #346410 on SPDR S&P 500 (SPY)

[Ferda]

Agreed. Can be useful in some areas for
initiating trades like going short with the reversal at r1 448.90 rejection but nobody makes that decision confidently without some assistance. Its been great tho for how many times I've heard crash or top or the "i" word and said ehhh OE isn't very bearish. Ultimately it just works well for tuning out noise.