christopherbrecher
Short

SPY on an ATR sell signal but not yet oversold.

AMEX:SPY   SPDR S&P 500
172 2 0
SPY             is finally on an ATR sell stop signal, while not grossly oversold.
Don't trust signals when fed can just print more money! Good guide but don't fall in love because the market is not acting normally due to the fact that the fed has taken away any alternative investments.
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Is it not Sell stop ATR signal means use it as SL and sell short? Indicator is hooking downside and approving it. Am I right? Then why are you looking for oversold? Oversold is where ATR will give buy signal, right? Looking forward to your view.
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