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Buying Call Options on SPY - Is the 21 EMA Below the 34 EMA?
For the 21 EMA to really turn below the 34 EMA, you need a three, four, five percent correction. The trigger here is when the 21 is below the 34, but when the three EMA crosses back up through the five that means there's some kind of bounce going on. And if so, the software would then buy a call option and we'll talk about which one in a second.