Second Gap
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For the second time in three days, SPY posted an unfilled upside gap. Since 1990,
Copyright reminder: The following research note is intended solely for the use of subscribers. Redistribution in whole or in part is strictly prohibited
For the second time in three days, SPY posted an unfilled upside gap. Since 1990,
Copyright reminder: The following research note is intended solely for the use of subscribers. Redistribution in whole or in part is strictly prohibited
Negative indication for the market in general when the NDX gains
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Swing model will initiate a short position today at SPX 5168 or better.
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One thing to watch for short-term is a close back below Monday’s low at SPY 510.27 within the next two days.
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Swing model and equities model both stopped out this morning
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When an unfilled downside gap occurs on a jobs report Friday, the S&P was nearly twice as likely to
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SPY posted a third consecutive session of lower highs and lighter volume.