We're seeing huge put volume that continues to test the trendline resistance based on my previous 
SPY analysis and based on the timing of this post, we just saw a huge bump from that same trendline. 
QQQ also went red today and is fighting intraday support. Stay cautious as we could still move upwards in the near term, but I fully expect us to trend lower within the coming month(s).
SPY analysis and based on the timing of this post, we just saw a huge bump from that same trendline. QQQ also went red today and is fighting intraday support. Stay cautious as we could still move upwards in the near term, but I fully expect us to trend lower within the coming month(s).
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.