First thing to note is that the SPX is now in a neutral range as marked on the 15-day chart. Major support/resistance levels are marked:
Second, let's talk about the SPX/SPY volume divergence. Take a look at the volume on each, and I want YOU to tell ME what you think (crazy conspiracy theories are welcome):
Finally, the market broken down to individual sector components:
2 comments:
I think manipulation!!! Either from the government, or from a stock operator. AIG, FRE posting profits is something.
Tomorrow is going to be a big day.. Hoping it goes down.
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