Replies to post #61954 on SPDR S&P 500 (SPY)

[euterpe1]

LB,

At what point do you pull the trigger? After the second box prints?

How do you avoid the whipsaw like in September. Just curious, thanks for sharing.

P.S. I just changed the chart to weekly from daily and that gives a different story. Do you look for 2 box change as well? And last question, didn't the September 18/19 ramp change the weekly only to make that change disappear when the index headed back lower?

[Fox13]

Thank you Learning. My signal was quite clear also for the Qs (after performing an unbelievable a->i in the RSI triangle. SPY looks GROSSLY overbought, with an “extreme RSI” = 99.47 and a MACD that bends down under its own weight!!! But who cares… Election in 3 weeks…