optionflow

$SPY H&S Anyone?

AMEX:SPY   SPDR S&P 500
152 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.
still has crazy support at 212 210 215. i will see it only at 212
Reply
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
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out