Replies to post #82784 on SPDR S&P 500 (SPY)

[RCKS]

GE
the chart sure looks a lot like the spx chart.
As this goes on it sure looks like down is imminent but its as if they are killing premium by standing still.
If it continues into Monday, there will be panicked option holders who will see their option positions worth a lot less without any price movement.
It does work this way once in awhile. I think by Tuesday we will see some volatility that will carry into weeks end.
good trading

[GLENO34]

Volume keeps dropping each week as price goes up?? Maybe most everyone has bot already??? RCKS pointed out the good points on the chart..MACD 13,34,1 has a ways to go to get to zero too..so could get more up..??