By Steve Lentz As the below video explains, Friday’s SPX action was that of an Inside Bar. This occurred while the 15-3-3 stochastic is in overbought territory but in a downtrend. Further, the SPX is trending upward above its 50-day simple moving average. This is a market condition that has…
By Steve Lentz As the below video explains, Friday’s SPX action was that of an Upswing day following Thursday’s Upswing day. This occurred while the 15-3-3 stochastic is in overbought territory in an uptrend. Further, the SPX is trending upward above its 50-day simple moving average. This is a market…
By Steve Lentz As the below video explains, Friday’s SPX action was that of an inside day following Thursday’s downswing day. This occurred while the 15-3-3 stochastic is in a downtrend. Further, the SPX is trending upward above its 50-day simple moving average. This is a market condition that has…
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