Replies to post #93201 on SPDR S&P 500 (SPY)

[youaretheone]

so funny, i want a cigarette right now, and i don't even smoke! masters at extracting money from little guys like myself...

[GLENO34]

Beer...On this chart we have the TRIX turning down..MACD crossed for down...Slo Stoch crossed for down altho still above 80...CCI10,14 and 20 back below +100 and the ADX is reaching up to touch bottom..So indicators look like a top here for this burn..but they have not been very reliable as of late...So guess we see...


http://stockcharts.com/h-sc/ui?s=$SPX&p=60&yr=0&mn=1&dy=10&id=p13451836299&a=121806161

[GLENO34]

Beer...One other thing on that SPX 60 min chart is the MACD HISTO with a 65,90,12 setting has shorter bars moving back towards zero...That is usually a very good indicator...


http://stockcharts.com/h-sc/ui?s=$SPX&p=60&yr=0&mn=1&dy=10&id=p13451836299&a=121806161