Price almost near channel bottom. So we can pop back to the top

AMEX:SPY1D

SPDR S&P 500 ETF TRUSTArca

Description

⋅ Jan 31, 2014 11:25 PM

Price almost near channel bottom. So Price can pop back to the top

Comments

MarketSwingPlayer

⋅ Feb 3, 2014 11:43 PM

Price below channel bottom. Need to hold support else lower

MarketSwingPlayer

⋅ Feb 3, 2014 11:43 PM

Price below channel bottom. Need to hold support else lower

RGAH

⋅ Feb 1, 2014 12:53 PM

Dumb question, when you see this big blocks it tells you if they are buying or selling?

MarketSwingPlayer

⋅ Feb 1, 2014 4:26 PM

Not a dumb question. Dumb is not asking. Yes I can tell if buying or selling on Big Blocks, when Big Boys buy they pay more than ask price since must go thru Market Maker. When selling they get less than the bid price. Cheers :D So noticed buying at 179ish price range above ask price. In accumulation now

RGAH

⋅ Feb 2, 2014 2:06 AM

Thanks a lot!

MarketSwingPlayer

⋅ Feb 1, 2014 3:40 AM

SPY BIG BOY Indicator On. 500,000 Big Block Trades 500,000 or more. Lots of Big Block

MarketSwingPlayer

⋅ Feb 1, 2014 3:14 AM

Price bounced off of the Fib channel support so far. Price normally like to bounce in green or purple channel

MarketSwingPlayer

⋅ Jan 31, 2014 11:29 PM

Looking at past price action - Price is ranging too much. Believe price need to come to channel bottom first before bounce. Look for bottoming tail near channel bottom to go long.