SPDR S&P 500 (SPY): I don't think there are many bulls left...

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Re: GuTA post# 236397

Thursday, 07/20/2017 11:22:58 PM

Thursday, July 20, 2017 11:22:58 PM

I don't think there are many bulls left riding
Low volume alludes to that too
So there's not much to shake
Lots of bulls were shaken on the short but stronger drops and they wait for opportunity to reenter their exit levels which in turn will provide various floors
I think we have one more day of sideways tom, so someone not trading 5min charts might as well use the time better and watch something on netflix or start the weekend early and go out

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