SPX500 lilely to FALL!
Hey tradomaniacs,
previous breakout-zone got re-tested and market-depth is showing baosrption in form of iceberg-orders. Very strong aggressive buyers are getting absorbed by sell-limit-orders which are getting reloaded over and over again.
So far a good sign for a continuation to the downside as big players seem to distribute volume.
Also technically a great chance to go short!
What do you think?
previous breakout-zone got re-tested and market-depth is showing baosrption in form of iceberg-orders. Very strong aggressive buyers are getting absorbed by sell-limit-orders which are getting reloaded over and over again.
So far a good sign for a continuation to the downside as big players seem to distribute volume.
Also technically a great chance to go short!
What do you think?
Note
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.