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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 677.48+0.3%4:00 PM EST

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To: GROUND ZERO™ who wrote (90629)3/15/2017 12:31:07 PM
From: Underexposed  Read Replies (1) of 218448
 
Fair enough...everyone reads charts differently and chartists for sure have specific charts for specific purposes.

I don't take those small breaches of the keltner upper band as too significant in that chart. You are right that there were very few other breaches of the upper band.... but it seems to me larger breaches occurred of the lower band and those sort of indicated reversal from bear to bull. I just don't see it here.

Perhaps you are right in your observation.... time will tell.
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