Superpantz wrote:

Pete wrote:

I came up 100% dry on bullish lotto searches and I tried for a good 20 min to find one
when that happens it could be a sign that we’re not ready to move higher yet?

 Question I’ve been meaning to ask something related to this – how much can the quality of a SPY move be judged by the nature of the results returned in searches? If intraday RS searches mostly return stocks with bad D1 charts in downtrends, is that a sign that the SPY move up is mostly driven by short-covering instead of legitimate institutional accumulation, and more likely to retrace at any minute? 

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