SPY monthly price and time

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abacaba
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SPY monthly price and time

Post by abacaba » Mon Aug 31, 2020 3:31 pm

This is a particularly strong resistance area for SPY. If it were a hurricane, it would be a category 5.
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ForJL
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Re: SPY monthly price and time

Post by ForJL » Tue Sep 01, 2020 9:36 pm

Keeping with the laconic tenor of the post I will simply ask ... why? :)

Joe

abacaba
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Re: SPY monthly price and time

Post by abacaba » Thu Sep 03, 2020 3:25 pm

Joe,

Just think of Borges' cartographers. The chart is the map/the map is the chart. It's all right there. Just read from left to right.

Todd

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ForJL
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Re: SPY monthly price and time

Post by ForJL » Thu Sep 03, 2020 4:27 pm

Got it. ;)

ES_Surfer
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Re: SPY monthly price and time

Post by ES_Surfer » Sun Sep 27, 2020 6:49 pm

abacaba,

Thanks for posting. Do you have an update now at the end of September? When do you review your projection and make adjustments? I ask as it is based on a monthly time frame and would like to know if you "force" yourself to look at the end of month only?

abacaba
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Re: SPY monthly price and time

Post by abacaba » Tue Sep 29, 2020 12:53 pm

Each time frame/sample rate contributes its own unique data points. So you don't need to "force" yourself to look at the end of month close, its the only action called for here. As far as updates, the model is "in play," working as projected. On this time frame, it would be violated only by a close above the last monthly high.

Todd

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