SPY
- Thread starter Phill Twist
- Start date
SPY has been stuck in a very tight range between daily lower BB support and weekly center BB resistance, which is driving both intraday bulls and bears crazy so far.
This earnings season will be quite disappointing I guess, so there is nothing weird in the market's behaviour.
USD index set for a 98.55 test on next 98 cross. This will continue to put selling pressure on the SPY
Crude futures currently the only thing keeping these markets alive.
Guys put all your greed aside, why do you think the Fed thinks they need to be so involved in our market at this point in time? Why?
The fallacy of stability and growth pushed by the FED will quickly be exposed and looked back as artificial rather than organic.
if things keep up at this rate everyone will take profit on puts at open and we'll have an all day long explosive rally
Explains alot
