The Kiss of death applies only to the SPX monthly timeframe. SPX monthly must close below the 21-month ema., then stage a rally toward the 21-month, then the rally fails and SPX closes below the low of the failure bar. That triggers the KISS OF DEATH. Previous instances to check out are 1929, 2000, 2007 and of course now, 2022 Whopper of a BEAR is thereby signaled. Will it work this time like it did all the previous times? Hide and watch!!! How do I feel about it? I already know we are in a monster BEAR at 6 degrees of Trend, so this is no surprise to me. I expect such signal to materialize. 21 is a significant Fibo number. Apply it your your own lives in finance, well being, aspirations, goals, accompishments and whtnot and you will see the stunning coincidences. I'm pretty sure I am not rhe only one who uses 21 to the hilt in targeting finances and whatnot BEAR thrwos a monkey wrench in with the chart above ................ the next chart is the SPX weekly showing the SPX weekly on the 200-week ema., a formidable support of legendary qualities and often refrred to as transcendental Conflicting signals? Yeah, nobody ssaid this business was easy.
That's corect. It did not. And ther are others that I have not yet discovered but will wher eit might not have worked but it worked in the HEAVY mothers ........... Great Depression 1929 Financial Crisis Crash of 2007/2008-2009 2000 1973 1969 2022 top Check them all out, I would like to know where I am wrong.
Remember it has only been applied to SPX monthly. I have seen it work on other timeframes too, but this is a work in progress. I'm satisfied with the odds being in our favor when monthly works becasue all my supports and resistances are monthly anyway
It's fine, but it just isn't a lock. The real K of D occurred on the monthly in January of this year.
NO, it didn't. SPX monthly first touched the 21-month ema in May of this year. Go back and revisit the defintion in post 1
Being at ET since biblical times surely you can read a definitonwithout misduplication? Read it a few times and then get back to me