Replies to post #90012 on SPDR S&P 500 (SPY)

[Two-timer]

They got the bears all excited thinking the big C-wave down had started. Shorts keep fueling this rally. One of these days, however, .... Two

[Fox13]

Gleno, this is an important observation. My favorite swing-traders take inside days very seriously, in particular when they are accompanied by a “narrowest range / last 4 days” and appear in the context of a reversal. We have many of those tonight. I need to do some work to screen about 120 symbols. In essence I am looking for those who are ready for an impulsive move. Then, I would like to get a hint on the direction of that move. Indices might not be the most interesting play right now.