frodo75

Weakness in broad market

Short
AMEX:SPY   SPDR S&P 500 ETF TRUST
578 views
11
Two of my most trustworthy indicators signaled and confirmed "Sell" a couple of days ago on the 4hr TF. This confirmation has not occured yet on the daily chart but should happen on Monday as I fully expect the market to continue the losing streak.

I have only 70 puts remaining from mt short position on SPY started on Nov 13th.

Good luck and caveat emptor!

Comments

Futures in green but good luck!
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Nice work. What are these indicators?
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frodo75 TheKitchenTrader
@TheKitchenTrader, Adaptive MA with 21 period instead of defauly 10. the other indicator is shawnz buy sell indicator.
+1 Reply
@frodo75, Nice, thank you. I don't see those in built ins. Is there another place to find them?
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What's the indicator you have following the candles, the line switching from green to red and back?
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davidismyname mjmassens
@mjmassens, I think it's "Adaptive Moving Average" by everget:
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where do you see the next support level?
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frodo75 showsle
@showsle, i made some in the pic below.
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