By Steve Lentz Friday’s action was that of a Downswing Bar that followed Thursday’s Outside Bar. This action occurred while the 15-3-3 stochastic is in a Downtrend between 60 and 100 and the SPX is trending above its 50-day simple moving average. This market condition has occurred 60 times since…
By Steve Lentz Friday’s action was that of an Upside Bar that followed Thursday’s Upswing Bar. This action occurred while the 15-3-3 stochastic is in an Uptrend between 60 and 100 and the SPX is trending above its 50-day simple moving average. This market condition has occurred 579 times since…
Friday’s action was that of an Upside Bar that followed Thursday’s Downswing Bar. This action occurred while the 15-3-3 stochastic is in an Uptrend between 15 and 55 and the SPX is trending below its 50-day simple moving average. This market condition has occurred 80 times since January 2000. Our…
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