The SPY continues to show strength with a
bullish engulfing candle last month and now
a transition of the Awesome Oscillator turning
green and trading in the zone, both AC and Awesome Oscillator
now green. From a trade perspective following the rules one would add
more capital 2 ticks above this months high and then wait to see if that
higher level is taken out with your stop at the Alligators teeth- red line..
With Central Bank policies dovish I continue to see
this going higher
bullish engulfing candle last month and now
a transition of the Awesome Oscillator turning
green and trading in the zone, both AC and Awesome Oscillator
now green. From a trade perspective following the rules one would add
more capital 2 ticks above this months high and then wait to see if that
higher level is taken out with your stop at the Alligators teeth- red line..
With Central Bank policies dovish I continue to see
this going higher
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.