Replies to post #242028 on SPDR S&P 500 (SPY)

[imiloa]

there may be a much larger down coming.
consider:

• 2 gap ups since monday, both sold off.
• Yellen reversed fed policy four trading days after hawkish report last week.
• debt / deficit will continue to rise.

on the upside,
corp tax cuts today could cause short-term market rally
and we have another earnings season on deck.

but the selling this week suggests to me
deep pockets are exiting.

eg: the 1.2m NVDA dump in 2 minutes @ 15:40 yesterday.
~$200m unloaded in 2min.
that wasn't a retail dump...