$SPY Indicator
- This Indicator is used for finding market trends by using the 21, 50 & 100 EMAs
- Short signals are given around RSI 75 when the market is overbought by the RSI Indicator
- Lime = 21 EMA , Show market trend and casual pullbacks
- Green = 50 EMA , Bigger pullbacks
- Gold = 100 EMA , Correction Major pullback Demand Zone
- This indicator is only used on $SPY
- This is not financial advice and all trades are your responsibilities
- Short signals are given around RSI 75 when the market is overbought by the RSI Indicator
- Lime = 21 EMA , Show market trend and casual pullbacks
- Green = 50 EMA , Bigger pullbacks
- Gold = 100 EMA , Correction Major pullback Demand Zone
- This indicator is only used on $SPY
- This is not financial advice and all trades are your responsibilities