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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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ajtj99
To: rimshot who wrote (15273)1/14/2021 1:04:58 PM
From: The Ox1 Recommendation  Read Replies (1) of 97931
 
I think the SPY/SPX chart looks bullish, as it's doing a great job of consolidating each move, IMO.

There are plenty of charts that are so bullish they are starting to make one wonder when they will take a breather and consolidate for a stretch?!? SPY been a bit more up and down.

If you look at the yearly charts of each, SPY slope was higher (more bullish) earlier in the move off the lows and it seems to me that NYA is just catching up the past few months.

I have not put them both on one chart, so this is simply eyeballing them side by side....
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