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WillNixTrading
Feb 25, 2020 5:19 PM

Does it Look OK to You? 

S&P 500SP

Description

Whats up Traders -

Does this amount of Short Term Growth Seem Sustainable to you? I mean that truly as a question, not as a suggestion

For this study i took a simple look at the distance between the 'standard' moving averages, and how they lined up with / overlaid major market upheaval.

"History Doesn't Repeat Itself, but it often Rhymes" - Twain

- Nix
Comments
BobbyBanksX
Oooh, you're gonna be hurting some feelings with this one. Cheers.
WillNixTrading
@TuParkShakur, I hope someone can just tell me why Im wrong - and why the massive spread between the MA's isnt a major warning sign for a slow down / pull back / ranging market
BobbyBanksX
@willn12416, It's pretty hard to explain to someone who's been blindly buying calls for 8 years and winning like a bandit for that amount of time.
WillNixTrading
But did this chart turn out to be dumb lucky in on-time
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