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Strategies & Market Trends : Shorting SPY for fun and profit.

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To: ed doell who wrote (226)9/24/1999 2:37:00 PM
From: fut_trade  Read Replies (1) of 346
 
I will make a chart using the H-L data and post it this weekend.

During all strong rallies the H-L is strongly positive. During bear markets, the H-L is strongly negative. A sudden change in the direction of the H-L has historically been a good buy/sell signal.

It topped out weeks ago (SELL), and I'm watching for a reversal in the H-L (BUY).
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