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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 670.92+0.1%Nov 7 4:00 PM EST

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To: yard_man who wrote (212026)5/19/2025 4:42:45 AM
From: GROUND ZERO™  Read Replies (1) of 218584
 
Uh oh, the never fail indicator this morning is beginning to bend a bit sideways...

Another few days of this kind of thing and it will be pointing downward...

The orange line is the cash SPX, the blue line is the never fail indicator...

It's now beginning to bend as of this morning...

Interesting that's it's beginning to bend at the same level of the previous market topping point...

Also interesting, the cash market moved a bit higher than the previous high but the indicator didn't...

We can also see in March where the cash also made a higher high but the indicator didn't...



GZ
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