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