SPYSPXSPXLSPXS What is going on!? Did everyone just get a stunt pulled on them? The futures chart has not made new highs yet which still leaves room for this being a big corrective drop to (C). Let's see what happens! We're on a razor's edge of knowing..
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history refresher:
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Interesting divergence in the put/call ratio. Normally calls outweigh puts as price goes up.
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I'm still short. This looks like the traditional place to hit the buy button and go long but we've got some larger divergences at play that this.. I am expecting a bounce here but I wouldn't trust it...
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keeping an eye out for potential xabcd harmonic bullish pattern (butterfly?).. butterfly patterns have a wide range (1.21-1.61) from X-D.. so idk- just something to watch:
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I wouldn't count on new highs. It could happen but I seriously doubt it. I think we're rolling over and the next drop could happen in a flash. It will most certainly catch almost everyone off guard...
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.