SPX - Bear trend is still locked in!!!
Stochastic's unlike nearly all indicator's
have the ability to flip from overbought/oversold to locked in to a continuation of TREND
#SP500 is still locked in a bear trend
after 3 days with both K&D lines above 80
or below 20
S and P 500 is locked into a bear trend still
which means all rallies should be faded until that locked in status is lost
have the ability to flip from overbought/oversold to locked in to a continuation of TREND
#SP500 is still locked in a bear trend
after 3 days with both K&D lines above 80
or below 20
S and P 500 is locked into a bear trend still
which means all rallies should be faded until that locked in status is lost
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