70% of today's gap came from the first 5 minutes after close. Seems fishy to me. Full disclosure closed 80% of shorts prior to close yesterday. Waiting to see what the next signal is.
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FACT: Advancing issues confirmed bull right out of the gate, now pulled back slightly >2300. Tick undecided. Cobra overnight said MAYBE lower low before green close.
OPINION: Break under yest hi suggests weakness that isn’t yet showing up in NYADV, making me distrust my own NYADV data.
1MIN CHART: http://stockcharts.com/h-sc/ui?s=SPY&p= ... listNum=15
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
nothing to say, now we have OR, wait to see which side broken first.
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