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J3rk1e
Feb 14, 2019 2:28 PM

SPY Bearish Indicators Forming Short

SPDR S&P 500 ETF TRUSTArca

Description

SPY may continue its sideways chop.
Downside pressure gets stronger.
With no volume we are getting held up by very little.
Comments
eatinc00kiez
How long can the ALGOZ keep this junk held up
J3rk1e
@eatinc00kiez, Right?
Seems a bit ridiculous, Just going up on such little volume. All you can do is shrug
eatinc00kiez
@J3rk1e, as far as the math goes, we've never seen anything quite like this. Americans have less free cash flow and more debt than ever, who would spend their extra bucks buying ATH's across the board. Is anyone gonna take some profit? lol
J3rk1e
eatinc00kiez, well said. Ive been buying yearly puts since the 260 and I keep laughing every new high.
On next to no volume.
When they pull the rug. Yukes timbeeerrr
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