SimpleSPYman - Narrative Monkeys
Week 29 - SPX/SPY Index Update
I advise using the app/website as emails are often truncated due to images!
ALWAYS INVERT!
When we are green/yellow we are long. That’s it!
No need to overcomplicate things life is hard enough as it is.
Imagine if you needed news and macro nuance to save for retirement..
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 82% 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.
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