SPY ALGO BUYING THE DIP

Very cautious in buying the dip on the SPY. I have buys both on the D2 and the D5. As you may already know, when the D5 fires, the D2 will fire also because it meets the same criteria. In essence, truly a Deep Buy hence the D5. The SPY rarley triggers a D6, but in that case you already know a D6 would also trigger a D5, so no love lost there. If you have no idea what I'm talking about, You can go to JasonsDay.com to learn about the Algo and how it works, how you can put it on your machine and do exactly what I do here. In short, A D# is a Deep Buy (at some level). and a G# is a Golden Sell at some level. the higher the level the further you are away from the mean. Happy trading.
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