Put covering (blue) here off of the opening gap lower call buyers not interested here in $QQQ & $SPY
These types of rallies we categorize as short cover rallies, and are subject to sharp reversals
$VIX futures closed before the long weekend looking pretty strong. With $BTC down below 20k already we might being seeing another bloody open this week for the overall market. $spy $spx
Accurate prediction. The Volume Oscillator has begun to bottom out and daily volume significantly increased in the last two trading days. This confirms we remain bearish #SPY#SPX Dont let one big green day fool you into being bullish this week with the overall trend.
The Volume Oscillator is indicating #SPY is nearing an end to the short term period of consolidation. Based on the overall trend this means we are nearing another heavy round of sell off soon.
#RDBX#RDBXSqueeze if the stock does not close below 12 it should continue to climb. I expect it to peak by Tuesday this week with its current momentum. The option chain can be easily maxed out by then where i expect momentum to decrease.