TFM 10% Buy Signal In $SPX
By Dave Landry | Random Thoughts
As of Friday 04/14/23 we have a buy signal in the TFM 10% in the $SPX. This means that there are 2-bars of upside Landry Light (two lows above the 50-week simple moving average) and the closed above the "buy line" (which means that the ETF is within 10% of its 50-week closing high). Note: the label in the chart below should read "50-week CLOSING High."
See this video for more on the TFM 10% System.
May the trend be with you!
Dave Landry