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Thundertoes30
Sep 20, 2019 10:02 PM

Spy short Short

SPDR S&P 500 ETF TRUSTArca

Description

Figuring the average length between heights on the line and the chart itself are around 24 days. once a cross happens, it shows a reverse in trend. with the line at 14 bars now, we should see an increase in the line, getting closer to the price of spy itself. Spy shows a downtrend starting on the bottom indicator. /shrugs, who knows. Going for it. Also, with Trump's statement of not needing a deal with China for 2020, china canceling their trip which lead to questions about trade talks, lines up. The cycle starts.
Comments
amandy
What is the name of indicator in the lower bar that you use?
Thundertoes30
@amandy, Called " Matrix Series - Flower Indicator"
Thundertoes30
@Thundertoes30, pulled from user wpatte15
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