The 3 day RSI is currently below 15 on the QQQ and SPY , see what happens after a 3 day RSI closes below 15 , here.
The breadth of the market is real oversold ala very low McClellan Oscillator readings, historically this has been a good indicator for buys.
The breadth of the market is real oversold ala very low McClellan Oscillator readings, historically this has been a good indicator for buys.
The price pattern in the S&P is bullish, below you will find the historical performance of the price pattern based on trading 1 S&P futures contract. For entry and exit rules to the price pattern sign up for a free 14 day trial to our subscription service!
Short term S&P setups - These short term S&P trades are usually 1-2 days in duration and predict large moves they are usually correct ~90% of the time. Out of the 17 short term trades that have hit since we started the blog we made money on 14 trades for a total profit of 191.2 S&P points. Some samples here!
Short term S&P setups - These short term S&P trades are usually 1-2 days in duration and predict large moves they are usually correct ~90% of the time. Out of the 17 short term trades that have hit since we started the blog we made money on 14 trades for a total profit of 191.2 S&P points. Some samples here!
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