There are multiple days of higher price but lower volume going on so far.
Also the situation is same with top stocks of SPY: AMZN, FB, AAPL and MSFT. Higher prices multiple days, with lower volume multiple days
Entry price: Short SPY >= 420
Stop loss: SPY > 422
Take Profit: SPY = 408 and 396 or whenever there is sign of volume improvement
Also the situation is same with top stocks of SPY: AMZN, FB, AAPL and MSFT. Higher prices multiple days, with lower volume multiple days
Entry price: Short SPY >= 420
Stop loss: SPY > 422
Take Profit: SPY = 408 and 396 or whenever there is sign of volume improvement
Note
SPY still side way with very low volume and close at below 420Still not see any improvement on volume and momentum
My Opinion remain SHORT SPY
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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.