Sniff around and sometimes you find something good. New "T" into Early July?
Years ago I picked up the idea of using a simple mode of T Theory: Using the MACD of $NYUD to draw a T.
Note: the end of a T does not mean to short, but just that the easy part of a rally may be ending.
Started by Rogerdodger, 26 Jun 2021
I am no T Theory expert for sure but the recent NYUD high into a low seems to present a T into early July.
Using the MACD of $NYUD:
So how did that awesome call turn out? Friday June 25th close 4280 to July 7th 4358 = over 70 SPX points
Edited by Rogerdodger, 11 July 2021 - 05:22 PM.