By Steve Lentz Friday’s action was that of an Upswing Bar that followed Thursday’s Downswing Bar. This action occurred while the 15-3-3 stochastic is in an Uptrend between 42 and 82 and the SPX is trending Upward above its 65-day simple moving average. This market condition has occurred 45 times…
By Steve Lentz Friday’s action was that of an Upswing Bar that followed Thursday’s Upswing Bar. This action occurred while the 15-3-3 stochastic is in an Uptrend between 35 and 75 and the SPX is trending Upward above its 65-day simple moving average. This market condition has occurred 167 times…
By Steve Lentz Friday’s action was that of a Downswing Bar that followed Thursday’s Downswing Bar. Also, Friday’s Close was higher than Thursday’s Close. This action occurred while the 15-3-3 stochastic is in a Downtrend between 0 and 40 and the SPX is trending Upward above its 50-day simple moving…
Friday’s action was that of a Downswing Bar where the High was lower than the previous day’s Low. Further, the Close was in the lower 25% of the day’s range. This occurred while the 15-3-3 stochastic is in a Downtrend between 20 and 80 and the SPX is trending Upward…
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