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crasher
Mar 31, 2020 5:35 PM

$SPY - short pull back then rally Long

SPDR S&P 500 ETF TRUSTArca

Description

AMEX:SPY - short then long, based on seasonality and current market geometry. Based on the last 10 years SPY rallies from 4/7 through 4/27 with 100% winning rate, that does not mean it will do it this time, but certainly a good probability rate. I would wait for a 3-5 days pull back before entering on the long side.
Comments
a587802ff14e24
if there is any pullback towards 248, this is gonna drop to 230 and below
dougl1965
do you have an indicator that gives you that info?
crasher
@dougl1965, I use proprietary seasonal system, but I also have free indicator here that does for the last 5 years, search for "5x Period Cycle Seasonality"
WDERUVE
There hasnt been a worldwide pandemic in the last 10 years like this one.. Not sure if that 100% winning rate will pan out here..
tkrushing
@WDERUVE, more like 100 years
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