Flat open, any gap will be filled. My guess is the bias should be up for the coming days because FOMC is from 26 to 27, normally the stock market would rise to celebrate the money printing union's show.
Institutional actions from stocktiming.
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Cobra wrote:Flat open, any gap will be filled. My guess is the bias should be up for the coming days because FOMC is from 26 to 27, normally the stock market would rise to celebrate the money printing union's show.
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Institutional actions from stocktiming.
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Looks like possibly there will need to be a negative divergence in institutional selling vs the market making new highs in order for a top to form.
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Wow, VIX is up huge today vs a small down move in the market. Sadly, it's not too bearish overall because the market should be down big if the VIX is up 7%.
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In weekend commentary, you mentioned spx will go below 4/20 in short term. Now you are saying FED meeting is positive for the market.
Its contradicting.