SPYTrend is down
Minor trend is down
MACD is up
Advisors (both trends) vote to sell
MACD advisor votes to buy
No agreement... Note the bullish reversal candle, hammer
Market is slightly bearish with the minor trend line "under" the trend line. Trading Plan says to wait but watch closely next week.
Price is now below the "bear zone" so we should have made money on the Put play of the past three days.
Note: The circled dark candles are the negative candle bodies in the Bear Zone. A bear zone exits until a change in trend occurs.
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