AMEX:SPY SPDR S&P 500 ETF
SPY saw its largest outflow of capital in that last month or so.
It appeared before the data updated that longs were confident and continued to invest capital at this level. You could see how the markets reacted to $1.5 billion money flow at lows. I was implying how high will we go if starting here. The showed $500 million leaving off of the 1st bounce of support. This is indecisive as "strong hands" reduce "a position" by 33%. Suggest we may see a deeper pullback or maybe just decreasing risk into OPEX.