SPY weekly (and IWM) closed with an inside bar. Going back to 2009 there have been fourteen times which this has happened.
I only bring attention to this because, in my experience, the more attention I pay to an inside bar the less I end up losing. It's just a candle pattern that warrants being alert of the condition. DIA finished the week as a harami and the QQQ closed lower than the previous week's low.
The setups I include on this blog are used in conjunction with the 3/10macd and the criteria I ascribe to it as a way to alert me to an existing condition of price. The key concept to take away from this blog is that I try to anticipate what will happen on the higher time frame by using a faster time frame to trigger the trade setup. I do not trade a "system" I use two indicators to clue me in to price conditions. Please read the Disclaimer located in the sidebar of this site. I can be contacted via email at firstname.lastname@example.org
I am always open to questions, comments, or suggestions on how to improve this blog.