SPX relation with Stocks above 200D MA,70 selling & 24 Buying

I did not like this a bit. I do not no way but it seems it was quite hard to analyse !. Even though, it is the 200d MA it gave tops that are not significant at all
that's maybe one of its draw back. high opportunity cost. Or maybe it is not my day of analyzing :-). i did my best LOL.

further examination of this indicator is needed. Also, do not forget that i might missed allot of tops & bottoms :-)


wish you all the best.

評論:

Hey Guys,

This indicator is also, entering into our trigger line. And, here is my follow up analysis. First, it seems that we also have two sections for this indicator. First section with reading above 87, second section with reading below 87 2014-2015 dividing the sections.

- we can get up to 5 -3 weeks before a top then a correction
- we can get reading just @ tops then correction
- we've missed big pull backs 18-11 % with readings just around
"70" just like today !!!
-top small ones !! with pullback of just around 3-5 %
- missed 2015 July & November 12-15 % Pull backs reading around 50s !!!
-
In Conclusion: Remember that we missed good pullback 12-18 % with reading between 50-70 on the down side and on the up side !!!! we got small dips and false signals.

wish you all the best.