SPDR S&P 500 (SPY): I agree with him. Seems on point. Imo i...

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Re: photo4u post# 207511

Saturday, 07/09/2016 11:08:36 AM

Saturday, July 09, 2016 11:08:36 AM

I agree with him. Seems on point. Imo i dont think institutions are actively eager to short the market yet either. Just wisely tucking cash in other areas he mentioned to get the returns they need to survive. I track new 52 week highs on ndx and its insane how many are buying them. Yet 50 day moving average as a whole just faded under 200dma? Hmmmm

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