There's a lot of volume in the SPY right around that earlier distribution /churning-like candle.
Looking at the TICK chart for the same period....
There's a lot of volatility and chaos in that same area with TICK readings hitting sub -1000.
I'll have to take a look at everything else and I'll be back with you shortly.
Is interest rates about to start going up?
-
Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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