PSBL CHANNEL TRADING FOR NEXT FEW DAYS. This is a 3 hr chart though not 4 or daily ;)
Yes hitting the black line means its buy time. But be careful as you need to have a very tight stop incase if the BLACK support line doesn't maintain support. It would be better if you can hold your greed and wait till it breach the red resistance line for a better long trade.
If $SPY BREAKS THIS BLACK LINE, THEN SHORT
In terms of systems theory, this is a great example where this may or may not go. This is a very stable signal rarely seen with random signals, such as the market. Therefore, math becomes more important than ever! And convergence/divergence becomes 'less' meaningful. I'm waiting for the green or red line to break and believe this will signal THE move. bullish or...
$SPX $SPXS $SPXL $SDS $SSO
$SPX $SPXL $SPXS
Looking kind of toppy here.
This chart shows current long term and short term views of the broad markets using SwingVector algorithm which is the 3rd day of experimentation in charting it out and letting the gaps be filled real time.
Suspicious volume. $SPX $SPXL $SPXS
$SPX $SPXS $SPXL #stockmarket
$SPX $SPXL $SPXS
$SPX $SPXL $SPXS
Volume tapering off at this level
You know that you want to test it!