SP500 ETF -SPY- DAILY - Too many of the same signals in a row...
Too many repeat trade setups - Making me nervous....
OBSERVATION:
Notice how the multiple oversold readings have led to a a long string of consistent, profitable trades here. Using RgMov at a 2-month high and signals to buy when CCI is <-100 on either the CCI of 11-days (high or low).
The trend is still up, but don't you wonder how many times in a row you can keep taking cookies from the same cookie jar?
I think it's going to be time for "Something completely different".
Tim
OBSERVATION:
Notice how the multiple oversold readings have led to a a long string of consistent, profitable trades here. Using RgMov at a 2-month high and signals to buy when CCI is <-100 on either the CCI of 11-days (high or low).
The trend is still up, but don't you wonder how many times in a row you can keep taking cookies from the same cookie jar?
I think it's going to be time for "Something completely different".
Tim
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