after stayed above EMA20 for so long, the very first touch usually is buy (you need a setup of course, not saying buy the touch). let's see.
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These red ellipses suggest a stop or even a (minor) pivot at SPX 1930. An hour ago market was ignoring 1930, now finally it is respecting the signal ...
So I guess daily SPY is gonna come really really close to a bullish MACD cross and then print a bunch of tiny red candles to avoid actually crossing....
bearish as of SPY 406 on 2/17/23
currently: end bearish as of SPY 406 on 3/6/23
Trades with cats wrote:Last week one of the big banks said the lack of liquidity was causing the high volatility. I guess today's POMO cured that problem!
Hi !
please post "cats"
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
1st touch was bought indeed. this bull still strong.
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