key time, there's a chance for 2 legged rebound here (5 min chart), overall, the market action is not bearish.
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some trend line support here. remember better not trade reversal until at least trend line broken and the previous high gets retested. we're far from this setup yet.
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so far so good, rebound as I said, should be 2 legged. BBQ today in 15 min, I like hot dog.
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How long you think they can play side ways like this? soon it will move one way. they just playing with daytraders, if it's boring enough most daytraders will fall asleep and that's when the run will occur. for now BULLs are roaming still.
My comments are for entertainment/educational purpose only. NOT a trade advice.
Hey Cobra,
your pink line pays dividend by 7/6. It usually spikes at the end of the month to few days into begining of the month.Is it possible that it creates a fake corrlation with SPY graph/chart?