By Steve Lentz Friday’s SPX action was that of a Upswing Bar. This occurred while the 15-3-3 stochastic is in an downtrend between 10 and 55 and the SPX is trending downward below its 50-day simple moving average. This market condition has occurred 80 non-consecutive times since January 2000. Our…
By Steve Lentz Friday’s SPX action was that of a Downswing Bar following a Downswing Bar. This occurred while the 15-3-3 stochastic is in an downtrend between 0 and 40 and the SPX is trending downward below its 50-day simple moving average. This market condition has occurred 180 non-consecutive times…
By Steve Lentz Friday’s SPX action was that of an Upswing following an Inside Day. This occurred while the 15-3-3 stochastic is in an downtrend between 55 and 95 and the SPX is trending upward above its 50-day simple moving average. This market condition has occurred just 42 times since…
By Steve Lentz Friday’s SPX action was that of an Upswing Day following an Inside Day. This occurred while the 15-3-3 stochastic is in an downtrend between 55 and 95 and the SPX is trending upward above its 50-day simple moving average. This market condition has occurred just 42 times…
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