SPY will be around 169 by June. Nice bumpy ride ahead.
I've been noticing this fan pattern lately, first observation was in LNKD. Its kind of a hope / optimism / despair oscillator that keeps the mid-market fully invested but lets out the dark pools and institutions.
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.