The S&P500 was shaky today after some deep selling started to occur. The market was breaking down on surging yields and dollar.
The SPY pierced and almost lost support but managed to find its footing late in the session & had a phenomenal rally which definitely consisted of Short covering based on the volume.
Let's see if this local low / bottoming tail will hold.
I expect if we see a retrace many investors will be trying to buy keeping a close stop against the wick low.
The SPY pierced and almost lost support but managed to find its footing late in the session & had a phenomenal rally which definitely consisted of Short covering based on the volume.
Let's see if this local low / bottoming tail will hold.
I expect if we see a retrace many investors will be trying to buy keeping a close stop against the wick low.
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。