3 thoughts on “$SPY $QQQ $DIA have declining stochastics–green dot?”
Thank you for the green dot concept. Could you share your views on the efficacy of the concept to short the market? Specifically, do downward Sto crosses from high levels work as shorting signals?
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Absolutely not. I have found the oversold bounces to be most reliable. Overbought signals do not work as well. The snap back from oversold is much more intense.
Thank you for the green dot concept. Could you share your views on the efficacy of the concept to short the market? Specifically, do downward Sto crosses from high levels work as shorting signals?
Absolutely not. I have found the oversold bounces to be most reliable. Overbought signals do not work as well. The snap back from oversold is much more intense.
Thank you/