Mactheriverrat 3,157 posts msg #152797 - Ignore Mactheriverrat |
6/26/2020 2:19:00 PM
There are 2 groups in the Guppy MMA's . The Traders who are short term and long term who are the Investors. When the 2 groups are separated it shows where the trend is and when they are interacting like they are starting to do with spy it means possible trend change. Now how much of a trend change remains to be seen.
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Mactheriverrat 3,157 posts msg #152813 - Ignore Mactheriverrat |
6/26/2020 11:14:26 PM
True full Guppy MMA's
EMA 3 to EMA 15 = Traders Group.
EMA 30 to EMA 50 plus the EMA 60 = Investors Group.
Not much squeezing of the Investors group and average volume .
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svtsnakebitn 150 posts msg #152833 - Ignore svtsnakebitn |
6/27/2020 8:05:51 PM
So Mac - you're saying that the "traders" group panic sold and the "investor" group is probably absorbing these shares?
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Mactheriverrat 3,157 posts msg #152850 - Ignore Mactheriverrat |
6/29/2020 4:02:28 PM
@svtsnakebitn
Yes that is what I'm saying but this Covid seem to have a life of its own.
I'm sure the Investors are watching with a keen eye.
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Mactheriverrat 3,157 posts msg #152851 - Ignore Mactheriverrat |
6/29/2020 4:05:39 PM
Nice market day but
SPY is going to have to break above the red downtrend lines before were out of the woods. Also SPY price is below the previous long term blue uptrend lines. I am very cautious with any long calls.
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Mactheriverrat 3,157 posts msg #152854 - Ignore Mactheriverrat |
6/29/2020 4:23:22 PM
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Mactheriverrat 3,157 posts msg #152856 - Ignore Mactheriverrat |
6/29/2020 7:33:09 PM
One thing that I might add is the long term Investors group is not rolling over at this point.
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Mactheriverrat 3,157 posts msg #152865 - Ignore Mactheriverrat |
6/30/2020 2:23:10 PM
Looks like SPY will break one of the downtrend lines today. Next is the 2nd downtrend line. The a cross above the ma 20 .
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sandjco 648 posts msg #152875 - Ignore sandjco |
7/1/2020 8:52:22 AM
Nice work on the details Mac! Thanks for sharing.
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Mactheriverrat 3,157 posts msg #152882 - Ignore Mactheriverrat |
7/1/2020 12:59:40 PM
@sandjco
Your welcome.
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