S&P 500 Short Vs Long Visualization

מעודכן
So basically we are using mac D and ichimoku cloud to judge momentum (you can add RSI too if you want).
Then we take a 3x leveraged stock of the S&P500 (SPXS for shorts and SPXL for longs).
Then we mess with the style to show which positions are currently most profitable in a given time frame.
If the area is green, it means longing is more profitable than shorting.
If the area is red, it means shortingis more profitable than longing.

At least that's the theory I've been using and its been working out very well with high volatility assets so I figured I'd apply here and see what happens.

Historically, whenever the longs are more valuable than the stock and the long then dips, it is effectively over-longed and will immediately crash the next candle stick on a daily chart and proceed to several other red candles.
During a bull run, or even a bull trap, the long (green area/line) will be near the close of a 4hour+ candle.
During a bear market or massive crash, the long is consistently below the close of every candle and the mac D signal will be decreasing with negative volume.
That is the most obvious signal that you are staring off the top of a waterfall...
Note
Please make sure that the S&P500 chart needs to be locked to Auto so you can see where the long/short are relative to the candles.
Trend Analysis

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