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

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To: Qone0 who wrote (74543)12/9/2022 12:33:18 PM
From: Sun Tzu3 Recommendations

Recommended By
ajtj99
Qone0
towerdog

   of 97958
 
SPX (orange graph) vs my crystal ball (daily)

Sell signals don't mean much when the trend (black line) is strong and the indicator is keeping above its midline (the blue center line).

But they very timely predicted the drops on March 2020, November2021/January of 2022 and every other instance when the trend was weakening.

Generally speaking once a top sell signal is made, the market is on thin ice until the indicator reaches the oversold levels.

PS Because of the exponential nature of my trendlines, I had to replace the black trendline with a much wider purple line in the weekly chart b/c the drop in March 2020 made it go off chart.



SPX vs Crystal ball (weekly)

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