Replies to post #159 on SPDR S&P 500 (SPY)

[GLENO34]

Which time frame..15 min chart has 43.91?? The 15 min chart is getting into OS territory..We will have to give some or all back..What we need is a big down day..Like a buck..Then we would not have to go to new highs to reset the indicators..

[be]

been crosschecking VOL. tick and trin all morning long (there are 2 4-miilion RED VOL price bars at 10:30 and 13:00 on 5 minutes chart.....meaning big Institutions are abandoning ship ), I think the move UP is about over, when trinq rises pass 1.0 intraday , market will be down. Your chart on VXO clearly shows that it is at EXTREME LOW...it either lies flat on bottom ( may be for next couple of days)or starts to move up .

Please be patient . It is on its last leg up .

1/4 position short . will add more shorts if QQV starts to rise .