AMEX:SPY   SPDR S&P 500 ETF TRUST
As an update: I've circled price ranges where volume has accelerated. If we form a Gaussian distribution curve based on price relative to volume exchanged, the median of the distribution curve would lie roughly between the range of 267 - 261 with the mean slightly below, ranging from 261.5 - 258.5, forming a right skew tail. Current market price of $290 carries significant tail risk.

Related Ideas

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.