Looking for the typical SPY pullback of momentum for the dip and rip
This chart shows
A dual trend band system based on the Fontiramisu/fontilab/11 library
with the 5/13 ema cloud and the 50 / 200 trend lines
Bottom panel: the ttm squeze momentum as a line overlaid the Z-Score area plot
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.