satyrium

calm before the storm?

Short
AMEX:SPY   SPDR S&P 500 ETF TRUST
a larger than expected gap up this morning with no fundamental change to remove the underlying bearish atmosphere.


was this gap up the last opportunity to go short ahead of the fed meeting tomorrow?

or is this simply retail traders eagerly investing extra funds they were saving to pay off their loans, despite market circumstances?

please leave a comment, curious to hear opinions on the matter.
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.