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 685.33

+1.1%

Jan 21 4:00 PM EST

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Hawkmoon

Mevis

To: jimpuntagorda who wrote (143374)	4/3/2020 11:49:06 AM
From: GROUND ZERO™	2 Recommendations Read Replies (1) of 222172

What I find extraordinary is that the SP nullified the overnight negative divergence and is still moving lower... This is unusual... rather unsettling... especially if this selling doesn't recover later today but begins to accelerate into the close today... Probably the best strategy is to remain hedged and defensive, at least until that weekly ratio gives the green light, that's the most reliable and valid indicator I've seen... GZ

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