Still Waiting on the High Volume Reversal Bar — SPY Not There Ye

233
SPY continues to grind higher… but the high volume reversal bar still hasn’t printed.

That matters.

Because without that confirmation, this move can continue squeezing — even if it looks extended.

What’s interesting is that IWM has already shown the signal.

That tells you something:
👉 Institutions are starting to show their hand… just not across the entire market yet.

This is where traders get caught.

They see price stretched, they try to front-run the reversal, but without volume confirmation, it’s just guessing.

What I’m watching for on SPY:
• A true high volume spike at resistance
• Failure to continue after that spike
• Clear signs of absorption (not just rejection)

Until that shows up, this isn’t a confirmed reversal — it’s a setup in progress.

The Institutional Pivot Matrix already has the location mapped.

Now it’s about patience and confirmation.

👉 Location without confirmation = low probability
👉 Location + confirmation = trade

I’ll be tracking this live as it develops.

免责声明

这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。