Johnny_Nickles

SPY is selling off. People want their cash

Short
AMEX:SPY   SPDR S&P 500 ETF TRUST
Using the Cash in/cash out indicator (CICO) one can see the major shift from buying to selling. The CICO indicator measures a rolling sum of new money in and out of the market. The user can set the desired time frame to measure. The code is open source and directions on how to use the indicator are within the comment sections of the indicator. Don't let the 1% take your money, they don't need anymore.
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.