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He meant that all POMO money this month was used (borrowed from the future POMO already).
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Tomorrow we rally to the last standing P-Bar 188.68 and maybe the start of a sell off hence a lower low. Saw a lot of option volume @ 186 put weeklys. Just a guess.
Oh and in all 9 cases, you could buy on the bullish cross and plan to hold until price hit the upper daily BB and you would get your price. Although sometimes it would not stop there and keep rising. And sometimes the bullish cross came when price was already at the upper bb, and it still kept rising. So it seems to take a higher priority compared to the bbs.
The reverse signal is junk BTW. a bearish cross after the daily MACD spent a long time enjoying a bullish cross is a junk signal. Trying to short that yields lots of whipsaws and periods where price is range bound for weeks.
bearish as of SPY 406 on 2/17/23
currently: end bearish as of SPY 406 on 3/6/23