Replies to post #59555 on SPDR S&P 500 (SPY)

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Hi Learnin'








Those are the Momentum histograms. The lines are 3 and 5 ema's on the bars. Basically stay with the trade until they cross or when you see a reversal in the bars. I have inverted them so they are easier to see when there is a change. Of course in this environment, things are very whipsaw and looks like they are about to do everything in. Given that this is September, I have been watching for this, 1090 SPX is the ABC down and 1160-1180 is the more logical area, the chart on my first page with the three indicators will usually say when there is a bottom in with the spike of the CPC:$RHCOMPQ, but at the time it shows it will be the hardest time to buy if this is like other Septembers....