SimpleSPYman - Dream Bigger Darling
Week 20 - SPX/SPY Index Update
I advise using the app/website as emails are often truncated due to images!
ALWAYS INVERT!
Does anyone like the movie Inception?
It’s pretty hard to explain if you have seen it let alone if you haven’t. It is a heist movie but set within the dreams of the group trying to pull off the heist.
So they are at cross roads of the plan and have to make shift while in a gun fight.
Someone has an MP5 which isn’t really making a dent. Remember this is all inside of someone’s dream.
“Don’t be afraid to dream a little bigger, Darling”
As the next character pulls out a rocket launcher.
What if your mean reversion monkey brain won’t let you dream a little bigger?
I feel like I am saying the same thing over and over again which is a good thing. I think. We are in the green do your thing.
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.
