In this post, I explain how I utilized the Gap and Crap principles to trade SPY on February 26th, 2021.
Recently, I made a post titled "Granolabar's Gap Down Guide (my own style)." The post is linked below. In it, I outlined my strategy for trading gap downs. I highly recommend you read that post before this one to understand the references I am...
Within the past week, AMEX:SPY has become increasingly volatile, with massive gap ups and downs
followed by all day runs extending more than 3% in either direction. This is apparent with a cursory glance at the following chart.
With this volatility comes uncertainty, especially for those who are swing...
It seems as if SPY is continuing the EOD trend of a strong pump or dump within about 10-20 minutes of the closing bell. Unlike few past few days, today ended up large dump, but it is still a continuation of the trend. Hope this helps someone make some short term plays.
It seems as if SPY has had an EOD pump for the past few days. This is something to watch for as a possibility for short term profits. I ended up missing it today, but will make sure to watch it over the next few days.