By Steve Lentz Friday’s action was that of an Upswing Bar that followed a previous Inside Bar. This occurred while the 15-3-3 stochastic is in an Uptrend between 60 and 100 and the SPX is trending Upward above its 50-day simple moving average. This market condition has occurred 72 non-consecutive…
By Steve Lentz Friday’s SPX market condition has occurred only 7 times since January of 2000. So, we look to Thursday’s action instead. Thursday’s action was that of an Upswing Bar that followed a previous Downswing Bar. This occurred while the 15-3-3 stochastic is in a Downtrend between 30 and…
By Steve Lentz Friday’s SPX action was that of an Inside Bar that followed a previous Downswing Bar. This occurred while the 15-3-3 stochastic is in a Downtrend between 60 and 100 and the SPX is trending Upward above its 50-day simple moving average. This market condition has occurred 55…
By Steve Lentz Friday’s SPX action was that of an Upswing Bar that followed a previous Downswing Bar. This occurred while the 15-3-3 stochastic is in an Uptrend between 65 and 100 and the SPX is trending Upward above its 50-day simple moving average. This market condition has occurred 85…
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