Replies to post #164864 on SPDR S&P 500 (SPY)

[USDollar]

how can one know for sure

according to your RSI it should bounce now or soon
according to your 50 it should bounce at 207 or just bellow it
according to your MACD it's tired and should bounce no sooner than 206
according to your post it's impossible to know if you refer to gap 202 or gap 205

I think we should see a bounce just above and/or just bellow 205

when that is used up and if spy can't build on that to go up then it's highs 203

last minutes of friday were crazy

I still try to make sense of it

2 pm pump time was right on time only it was dumping pump

then when spy tried to find a support AFTER heavy dumping already, even more dumping came

fwiw the 2 pm dump job was initiated only after a bear-shake maneuver. Shaker (shorts) usually means the big money's direction is squarely down and the shaker was meant to leave them alone on the loot. They never play dirty...