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04/13/2021 Market Recap

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Cobra
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04/13/2021 Market Recap

Post by Cobra »

We have RSI(2) > 99 for 3 days in a row, which means short SPY at the close today, HOLD until the very first day RSI(2) < 99, 7 out 9 chances you might make some money so still a pullback of a day or two should be due then we'll see.
spy.png

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Cobra
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Re: 04/13/2021 Market Recap

Post by Cobra »

6.png
I've been expecting a day or two pullback and this was why I gave double top 51% chances here which was wrong.
viewtopic.php?f=2&t=4547&p=293653#p293653

Confirmed the breakout right. I actually didn't expect it to go far.
viewtopic.php?f=2&t=4547&p=293657#p293657

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Cobra
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Re: 04/13/2021 Market Recap

Post by Cobra »

$SPY daily RSI(2) > 99 for 3 days in a row means 8 out of 9 (89%) chances there're still some up days at least.
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RSI.png

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JFR
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Re: 04/13/2021 Market Recap

Post by JFR »

SPY daily. PnF.

2021-04-13_23-18-35.png
Charts posted are not recommendations. They are just a sharing of information.
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