The last bullish candle in the SPY didn't have the volume, this one has it, this is usually a reversal point, when I say reversal, there's no implied target, it doesn't mean anything other then there's some short term support that is enough to change the trend, but remember there are three trend, up, down and sideways, a reversal can lead to any of the 3.
Is interest rates about to start going up?
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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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