Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

SPY 683.34

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Nov 3 4:00 PM EST

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To: GROUND ZERO™ who wrote (89811)	2/16/2017 9:11:47 AM
From: Trumptown	Read Replies (3) of 218364

Hey, I like my primitive instruments...lol. It's not so much the size of the pullback, but a reset of the indicators. Notice the run in early Dec riding the upper BB with a similar RSI and pulled away from the 20dma...looks a lot like this run...then mid-Dec the market went flat, not really a pull back....but that allowed the RSI to settle down. Just saying that something like that is more likely at this point than continued stretch of the BBs and further move from the 20dma Now watch the moon shot...lol

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