optionflow

$SPY H&S Anyone?

AMEX:SPY   SPDR S&P 500 ETF
149 2 6
At R2 on weekly and tagged the 1.272 fib ext. Open gap remaining at 218.18, but still lots of down side gaps. Monster put premium in option flow and VIX             at extreme lows could make for a big move.

My bias is to the downside and my most reliable contrarian indicator just went bullish equities .. - Gartman

Large OTM VIX             buyers could be seeking cheap hedges, but I doubt it. Dark pools unloaded at resistance.
is this a valid h&s pattern? i think once it broke 210 it invalidated this pattern... to me it looks more like it broke out of a bull flag... which is a bullish signal for the longer term.
snapshot
Reply
still has crazy support at 212 210 215. i will see it only at 212
Reply
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out