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SPY monthly price and time
Posted: Mon Aug 31, 2020 3:31 pm
by abacaba
This is a particularly strong resistance area for SPY. If it were a hurricane, it would be a category 5.
- SPY_top.jpg (44.51 KiB) Viewed 10998 times
Re: SPY monthly price and time
Posted: Tue Sep 01, 2020 9:36 pm
by ForJL
Keeping with the laconic tenor of the post I will simply ask ... why?
Joe
Re: SPY monthly price and time
Posted: Thu Sep 03, 2020 3:25 pm
by abacaba
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
Re: SPY monthly price and time
Posted: Thu Sep 03, 2020 4:27 pm
by ForJL
Got it.
Re: SPY monthly price and time
Posted: Sun Sep 27, 2020 6:49 pm
by ES_Surfer
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?
Re: SPY monthly price and time
Posted: Tue Sep 29, 2020 12:53 pm
by abacaba
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