Everyone's waiting for me to finally call buy the oversold drop.
But I'm still holding off for now.
But this chart shows you we are getting close to a short term bottom oversold trade.
Conversation
Replying to
That’s wat I was thinking ! I’ve been watching the system for the last week and going to start paper trading since my risk is so high
S&P 500. Daily chart showing the OHLC candles for each trading day per month. The Simple Moving Averages (SMAs) represent the 10SMA (green) and the 50SMA (blue). In essence when the 10 drops below the 50, market is Bearish, 10 rises above the 50, market Bullish. Bottom coming
1
Show replies
You’re unable to view this Tweet because this account owner limits who can view their Tweets. Learn more
Show replies