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SPDR S&P 500 ETF TRUST
Short

⚠️ SPY with OBV in bearish divergence

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📈 The chart continues with higher funds, but the volume does not follow this movement as demonstrated by the OBV.
Which signals a bearish divergence. 🐻‍❄️👎

🤔 I believe there could be a spike just to liquidate the positions, leading to a big trap:
snapshot

🛑 Furthermore, the OBV has just broken the white dotted line, entering the red zone, overcoming the fall of the Corona Crash for the worse:
snapshot
snapshot

🤥 That is, the price is higher than Corana Crash, but the volume is lower...

☁️The market can be manipulated by the big players with their Machiavellian plans and government artifacts, but volume doesn't lie!
andre_007
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Also on:
crashDivergenceOn Balance Volume (OBV)SPX (S&P 500 Index)S&P 500 (SPX500)SPDR S&P 500 ETF (SPY) Trend LinesVolume

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crashDivergenceOn Balance Volume (OBV)SPX (S&P 500 Index)S&P 500 (SPX500)SPDR S&P 500 ETF (SPY) Trend LinesVolume
andre_007
To contribute to my work:
⚡Bitcoin Lightning: forwardocean64@walletofsatoshi.com
🟠Bitcoin: bc1qv0j28wjsg6l8fdkphkmgfz4f55xpph893q0pdh
🔵PayPal: paypal.com/donate/?hosted_button_id=D9KRKY5HMSL9S
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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.