Replies to post #55802 on SPDR S&P 500 (SPY)

[GLENO34]

I know..I just don't see a lot of reason to think we have seen the lows yet..

[leftyg]

rab...I like the aroon..and have found it helpful in keeping track of cycles. I tend to focus more on the movements of the top line (be it either the red or green one)...As it begins to drop, it seems to give a far more timely signal of weakess developing in that side (red or green, down or up) than the actual cross.

However, I have no real experience in using aroon on the monthly..I would be happy if you or someone wanted to discuss thier observations on the aroon in any particular time frame. Regards.

[omandan]

Rab
RE: Aroon
I really don't follow it, but I have always looked at it as a long term (several months) type indicator.
Dan