Why are there no MagniZone picks today?
Quick answerMagniZone only calls A setups, and only in an up market (SPY above its 50-day average). On a day nothing passes, there is no new call: it never forces one. The engine updates at every daily and 4-hour close.
The details
What every call needs
- A Breakout Buy within 5% of the 52-week high, or a Bounce Buy (the two).
- SPY above its 50-day average.
- On the 4-hour, a close at least 1% past the zone.
- No call already open on that chart.
Dates
Daily calls carry the date of the candle that made them. A 4-hour call shows its candle's time. If the newest call is from a few days ago, the days since simply had none.
Look at Getting close: that is where the next ones come from (Getting close).
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