The very first test of EMA20 today so watch for EMA long setup which sometimes is only good for a scalp though as it may also mean the uptrend is near over for today $SPY $SPX $ES_F http://bbs.cobrasmarketview.com/ ... mp;p=291149#p291149
So it is true when the EMA gets touched on an uptrend day the trend is near over. It's a rare higher high trend reversal (red arrows) so I neglected today $SPY $SPX $ES_F http://bbs.cobrasmarketview.com/ ... mp;p=291155#p291155