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Monday, October 19, 2020

S&P 500 Technical analysis. - Part 10


https://rb.gy/g6y43y 

How to identify a buying signal?

The S&P had rebounded but didn't close above the candlestick gap.  Therefore, we need to wait for the S&P to close above the gap and also be above the 5-day SMA in order to buy S&P again.

Like I've said previously, there must be at least 2 positive technical indicators before we can buy or 2 negative indicators before we can sell.

http://sg-stock.blogspot.com/2020/10/s-500-technical-analysis-part-9.html

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