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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 670.92+0.1%Nov 7 4:00 PM EST
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Mevis
Ms. Baby Boomer
toccodolce
To: GROUND ZERO™ who wrote (69824)3/26/2015 1:55:46 PM
From: Hawkmoon3 Recommendations  Read Replies (4) of 218584
 
This could be the bottom already..
Trading bottom, maybe..

But I don't think it will sustain itself for long.

I think every strong bounce upward will get sold..

Here's something that I find interesting. I'm looking at the Weekly PSAR on the SPY and I'm counting 5 of the past 6 weeks there were attempts to "flip" that PSAR into uptrend. Each time it gets close, it reverses and goes down.

That sounds like a potential 7 year top to me.. But will need to see more data in coming weeks.

Hawk
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