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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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Mevis
To: jimpuntagorda who wrote (143393)4/3/2020 12:59:35 PM
From: GROUND ZERO™1 Recommendation   of 222172
 
Here's my 325 minute bar chart of the SPY with a 10 and 50 EMA lines...

If we go any lower than we already did today, then this line will be broken...

To call it a bear trap is simply thinking too much...

If it breaks, then I'll believe it's real until it takes out this week's high AND the ratio turns bullish...



GZ
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