nmike

SPY Monthly View

BATS:SPY   SPDR S&P 500 ETF
428 3 1
Thanks TRADINGVIEW for adding the MONTHLY time frame. A monthly frame helps to asses the BIG PICTURE.Currently we have mixed messages.The main trend is still UP, we have a green candle(not complete)above the 10(+8) SMA and the DPO still above mid point.The negatives are the lower bars of the DPO,and the stochastic Is falling below 80.Now the BUBBLE METER. As you can see the BUBBLE METER peaked at all 3 SPY             tops except in 1999 where it peaked early. At the moment the BUBBLE METER has DIVERGED from SPY             which could mean bearish conditions going forward. -------------- THE BUBBLE METER: an interesting article I read in the Nov.2011 issue of Technical Analysis of Stocks & Commodities .The point of the article is basically that investors and speculators with BLOATED portfolios bid prices higher for collectible art work. BLOATED portfolios are a signs of market tops.
sluz b
4 years ago
Shh, don't tell 'em the next high will be the last one, or we won't get it to exit our TNA, XIV, and speculative AGNC calls.
Reply
sbokov PRO sluz b
4 years ago
lol
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out