SPDR S&P 500 (SPY)

[TechniTrend]

Nice job, notice the yellow line signaling algo in sideways move, this usually allows more players to jump in the cleaned area to generously create more pockets of moeney, aka targets, and also to wide the range of the algo to keep cleaning if it is worthwhile.

Psychologically creates a sense of relief in the longs no yet cleaned making them think they chose the right stop loss..


a beauty.


you can see there are 2 more long targets in range