What is the 5 Candle Market Weather Light?
Quick answerA bonus that reads SPY against its 200-day average today and lights green, yellow or red from how 5 Candle's own finished calls did in each kind of market. It never changes a call: every call still comes.
The details
- Knocked down: SPY under its 200-day average.
- Riding high: SPY up to 10% over it.
- Stretched: SPY more than 10% over it.
Green is the kind of market where the average 5 Candle call did best in our record, red the weakest. A kind with too few calls to judge stays yellow. Use it to lean in or be pickier, never as a call of its own.
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