04/20/2024 Weekend Update

[Cobra]

Down 3 weeks in a row, the next week has 56% chances to close up.

Down 3 weeks in a row, buy SPY at the weekly close, HOLD until the very first up week, you have 78% chances to make money with profit factor 2.6 which is not bad.

[koolblue]

Interesting

[tsf]

Thank you, Cobra and koolblue.

These two great Cobra's charts also suggest a potential short-term bottom forming.
https://stockcharts.com/public/1684859/ ... /740575462
https://stockcharts.com/public/1684859/tenpp/6
0.9.H SPX Closed Too Low below BB
0.9.I NYMO Closed Below BB

Somehow, I could not attach Cobra's charts, so
Here is the NYSE's McClellan A-D Oscillator up further from Tuesday's very low reading.
https://s3.amazonaws.com/cdn2.socialtra ... qT58_l.png


GLTA

[koolblue]

[tsf]

Great chart and seasonality info. Thanks again, koolblue.