chart: SPY Buying Pressure

SPY (top) & Buying Pressure (bottom)

For those of you that have seen the Buying Pressure chart in the past you will see a pattern that repeats itself very often.  It tends to lead the market at turns.  For those of you that are not familiar with this chart, please look at past posts.

One easy way to find them is to GOOGLE the following  
justsignals.blogspot.com buying pressure

This will get you a list of the posts and just click on them to review and get familiar with them.

Buying Pressure has started to have a negative divergence with the SPY daily chart.  Once this happens a caution light goes on.   Confirmations must follow before taking any actions.  This mostly leading indicator has turned just before the time period of the next potential turn as seen in many charts posted on this blog.  Take a few minutes to go back and review them.  It will time time worth spending.  Update yourselves and get more familiar with all the potential turning points and always wait for confirmations.

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This has been posted for Educational Purposes Only.   Do your own work and consult with Professionals before making any investment decisions.  
Past performance is not indicative of future results