Thanks for that new link you sent for Above the Green Line. Just curious about getting in too and now conflicted because both the IWM and SPY on that site are in the Red Zone which would be a sell?
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Hi Retread and Cmil, Above the Green Line seems more geared towards longer term traders, but they do give info for short term trades, and use Red and Green zones for entry exit.
They use Slow Stochastic quicker setting at 5,1.
Just now, I put that at bottom of my charts for comparison. My take is that if you enter in Red zone, you must watch to exit as they state when the 10 EMA (THEIR pink line) is crossed. I would like to exit before that and working to find indicator that works better for exit. As far as entering in the Red zone, I don't mind doing that only because it just got there and I had no choice (had no IFT to enter).
But, I would not enter now unless I thought there was more upside left. So therein lies the rub! I am reviewing and will look at TrendLines which I use a lot fir decisions as well as MA crossovers and Slow Sto, BB, and MACD. ...and their slopes. Right now looks like S fund has more to run (as long as that feared, but now disappearing H&S pattern seems broken ) when compared to C fund because it is now hitting Major Longer Term (blue) resistance that goes back to Feb/March 2020 (pandemic start).
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Then again Sector/index rotation is headed towards large caps/SPX.
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Entered 30C, 70S
I went 13 c, 13 s, 24g
Kb, Where's the other 50% ??? :smile:
Oh.. Lol. Sorry..74% is in G. Crap.. I better go check it. Make sure I didn't mess up.. Yep.. The transfer went through.. It's pending.
It's been awhile since I posted music. This is very beautiful and peaceful.
https://www.youtube.com/watch?v=7QtGOWemQhY
Also, learning to sing Ave Maria... here is the music
https://www.youtube.com/watch?v=r_5bYNqpEFU
HAPPY EASTER
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DBA: You're always a breath of fresh air. The sounds you share bring solace to the soul, considering: 70's>Zepplin/Earth Wind and Fire; 80's>Whitesnake/Eagles; 90's>Pearl Jam/Pantera; Millenium>Art Bell/Rush L; Past decade; Youtube conspiracies; Moving ahead; NWO, digital currency & Biblical armageddon? In spite of it all, "He IS Risen"