1 reply to this topic

[Darris]

Last night while the futures were closed from 5:30-6pm, the ETF SPY traded as low as 153.35. The low we just put in at 12:30pm today was 153.30. Just thought it was interesting if that would mark a double bottom short term low before another $1.00 rally or 10 pts on the ES contract.

[arbman]

I would tend to agree with you if the index closes at the lows. The way it is going is not setting up enough bearishness for another squeeze...