By Steve Lentz As the below video explains, Friday’s SPX action was that of a Downswing Bar following an Outside. This occurred while the 15-3-3 stochastic is in overbought territory and in a downtrend. Further, the SPX is trending upward above its 50-day simple moving average. This market condition has…
By Steve Lentz As the below video explains, Friday’s SPX action was that of an Upswing Bar following an Upswing Bar and a higher close as well. This occurred while the 15-3-3 stochastic is in an uptrend and above 70. Further, the SPX is trending upward above its 50-day simple…
By Steve Lentz As the below video explains, Friday’s SPX action was that of an Upswing Bar following a Downswing Bar. This occurred while the 15-3-3 stochastic is in an uptrend. Further, the SPX is trending upward above its 50-day simple moving average. This market condition has occurred 63 times…
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