$SPY $QQQ $SKTH Indicator Signaling Pullback Looming Stocks above 200 days indicator has signaled overbought readings that lead to market pullbacks. I like to be more defensive in the coming weeks and looking for short entries via index puts with TVC:VIX at these low levels as well. Sby Blackouts0
Long Wick on the S&P Top Bottom 200 Day Indicator $SPY $SPXLong Wick on the S&P Top Bottom 200 Day Indicator AMEX:SPY SP:SPX Tagged the longer term sell zone and pulled back. Market can squeeze higher but not signaling a long term buying opportunity at these levels. Sby Blackouts0
$SPY $QQQ $SKTH Rare Short and Long Setups This chart illustrates how we are not currently in a rare buying yet most likely. Has been a great bottom signal for the larger "crashes" and bear markets of the past. While individual names likely offer great setups the index's aren't offering a good risk/reward in either direction here. Sby Blackouts1