SimpleSPYman
Week 14 - SPX/SPY Index Update
6603 0.31% to regain momentum
6447 -2.06% to break trend
I cannot make it any simpler than this!
It is all the same chart so I can use all the same data. In the last 1761 trading days SPY has been above “trend” i.e. in green or yellow 83% of days.
We could probably include orange as the distribution is very similar, but we need a transition point.
In 1761 trading days price has never moved directly from Green into Red/Black there is always an intermezzo hangout in Orange.
