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MarketSwingPlayer
Oct 17, 2013 11:37 AM

SPY - Hot potato trendline - Notice how price react - Gaps Long

SPDR S&P 500 ETF TRUSTArca

Description

Notice how price react to the inner "hot potato trend line. When crossing trend line price like to gap up in up trend or down in down trend. Let's see if price eventually gap up over the line. Have been able to predict gap up and down 2 times so far. Is the third time going to play out. Price usually range then gap
Comments
MarketSwingPlayer
Gaps called three times straight. Is it luck? lol Cheers.
MarketSwingPlayer
Can price get above the hot potato trend-line or will we gap up Fri?
sunny
thats a great analysis
MarketSwingPlayer
Thanks Sunny! Gap up this morning. Cheers :D Miss you lol
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