Market Reversal? S5TW Buy/Sell Zones + Samuel Benner Cycle!🚀 Market Timing with S5TW & Benner Cycle
🚀 Are We Near a Market Turning Point?
This chart combines S5TW buy/sell zones with the legendary Samuel Benner market cycle—a historical pattern used to forecast major bull and bear trends. If history repeats, we might be at a critical decision point!
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SPY, PCC & Percentage of S&P 500 Stocks Trading Above 20 SMASPY is in pink, PCC is in yellow and candles show S5TW (Percentage of S&P 500 stocks trading above their 20 SMA) on this weekly chart. You will notice after a significant drop of over 5% on S&P 500, once S5TW start getting below 20%, a reversal isn't that far away. Relief rally rips can be dramatic,
Overbought zoneWhen the SPX500 daily chart shows divergence, and the market breadth index is in an overbought or oversold condition, these are key trading opportunities.
Currently, we see that the market breadth index has entered the overbought zone.
Once the SPX500 daily RSI shows a divergence signal, it will be
Ketchup Market elken(B)readthHey Traders,
Got a little behind in posting some weekly look-backs and wanted to catch-up to this current week. I consolidated the "Weekly RSI Divergence" and the "elken(B)readth" charts into one.
We will be looking back at the week closes using my "blocker" rectangle; the obvious black-out on t
Using Daily moving-averages on $SPX (and children)Hello all,
Not a financial advisor, i just trade full-time. I can share some stuff that I look at.
TL;DR
Look at crosses, touches and space
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Please also pull up my other idea on
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Displays a symbol's price movements over previous years to identify recurring trends.