There is no question things were a little weird. The lack of depth is quite concerning. SPY Monthly The blue line is the 13 month moving average, red is the 39 month. The chart formation is called a megaphone because that is what it looks like with the lower lows and higher highs. To put… Continue reading 6/11/20 x0C Signal
Day: June 11, 2020
Signal Will Not Be Published Today 6/11/20 Before Close
I'll be away later today. The market did retreat toward the close yesterday but only begrudgingly to the low of the day. I wasn't that keen on buying in any case, so I stayed flat. SPY is a little below the 13 day moving averages as I write this. If it stays below the signal… Continue reading Signal Will Not Be Published Today 6/11/20 Before Close