So took a quick scalp on SPY today. Here is what I saw. Feels good to get one right. I by no means know what doing. If I'm way off or my thinking is sound, especially as related to Market Maker Method, I love to hear your thoughts on my analysis. Teach me My mindset has been that the MMs still are bullish on the market, (COT report) while most retail traders are...
Just an idea I wanted to save. The retail trader is thinking "short" but FOMO is setting in for them. MMs are pulling people into the market. At what point have the MMs accumulated enough that they can start selling? COT report looks like they are still long. Im short on the market but don't think MMs are just yet.