30min with bb52x-slightly tweaked momentum on top
Middle panel: SPY looks like a half-dome to me.... a breakout above cancels that
Bottom panel: options traders are really trying to CALL but just not strong enough yet
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
The true alignment of bearish or bullish I will have to give it to Mclellan summation index/$NYMO, they don't detect real time top, but trend wise I would be careful to counter trend on these signals. for now bearish early birds got the worms. until all this pointing down will the down trend resume. Time frame of a trade maters. Peace!
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My comments are for entertainment/educational purpose only. NOT a trade advice.
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