View: HighTide6.5_001.png
HighTide6.5_001.png
S&P Exhaustion Signal (Monthly)
I'd be lying if I said this was all my own work; it's adapted and has a good hit rate on multiple time frames.
Simply monitors selected period above a given moving average with an extreme Williams% reading.
Obviously, assets can stay overbought for a while so on a monthly time frame I wouldn't expect an instant turnaround..... it's coming though.
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