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optionflow
May 3, 2016 10:36 PM

$ES_F #ES_F $VIX $UVXY $SPY- Daily chart updated Short

SPDR S&P 500 ETF TRUSTArca

Description

Tagged R2 with two hammers at the 61.8 from the previous low. Par sar sell day 3, but closed right on Vol stop. .01 lower and VSSD#1 triggered. 10ema falling and about the cross the 20 VWMA. Still above support some how, lol. Macd rolling over, RSI pitch down accelerating, and CMF peaked on 3/18. Since, it's been moving at a fast pace out. Clear signs of distribution.

Large volumes of June 199P's hitting my leader board as most active. Did we put in two hammers and a double bottom at the 61.8? Time will tell. Based on option flow and money flow. I'd say not.
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