Replies to post #310240 on SPDR S&P 500 (SPY)

[Sean Portman]

Looks like a double top play now more than a head and shoulders play. And Nikkei crapped out in last few minutes of trading also and FTSE red and crude down, All happening where most cannot control what happens to their shares. Trading in no mans land area indicators. Not for the faint of heart. If you have a plan in mind, do it when and where no one will stop you. The future. Lmfao pun intended

[Sean Portman]

The change in volume, once the increase in price went back down to zero, was very significant and continues. Seems money is more interested in this reversal. Not sure what that means. Just....very noticeable change

[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

[JK]

looks like the cleaner is active to the downside until further notice :-)