The end of the month pump got dismounted. After a strong opening where we shot up in the first 1/2 hour to make our highs we faded the rest of the day pingponging around the lows of yesterday. We tapped tapped tapped 1170 on the spx quite a few times before the waterfall started. It …
Morning folks. Market is looking at a slightly higher opening with the spy up .5% in premarket. slv is down about 2% while gld is looking flat at the open. Crazy day in the markets yesterday as yesterdays gap up made things nearly impossible to play on the longside as the market from 10am to …
For those of you who follow Ichimoku clouds, SPY is struggling to push through… take a look at the chart below. The basics idea to get out of this is that SPY has tested the cloud (resistance) 4 times this month. If history holds true, the market should reverse down tomorrow. Of course, there is …