wher is the spi traders, page-7

  1. 17,444 Posts.
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    PB

    You may be right but apart from that kiss and turn down on MACD, there is also those diverging RSI tops as the market rose and now we have a slightlu lower top.

    Certainly the market can do what ever it wants but I would at least be careful here. Go with your ideas but have your stops somewhere.

    Time is running out for my late June pullback but I have this July 1st high possibility as well so instead of playing into it I will play out of it.

    I am always reminded that a cycle low isn't the lowest point but from where the markets moves rapidly higher and vice versa.
 
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