Replies to post #91144 on SPDR S&P 500 (SPY)

[renkoron]

Two, it seems the markets have been a fairly consistent cycle the last 3 months. What am I not seeing? Ron


http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=3&dy=0&id=p34080387768

http://stockcharts.com/scripts/php/candleglance.php?TNA,TZA,QLD,QID,SSO,BGU,BGZ,FAS,EEM,FAZ|B|P7,5,3

[Fox13]

Two: Here is the whipsaw I was talking about: purple arrows in a yellow rectangle, right after OPX. It rhymes pretty well to what you say: a reversal of the pre-OPX move followed by 2 violent and rapid reversals. Since the present pre-OPX movement is down, we should have : UP->DOWN->UP to stay UP for a while…