Longer term daily chart, I'm not even going to get in to the H&S looking pattern, I'm just pointing out the trendline target.
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Here it is intraday just a few minutes ago on a 1 min chart, note volume, which is something you want to watch for-where orders hit, were stops hit, was it useful for Wall Street in creating demand?
The actual TICK chart popped to just about +1000, a decent reading, but moderate for a move like that, then it came right back down (TICK).
The TICK today vs the SPY seems pretty thin in breadth, there's barely anything above +1000, normally we'd be seeing +1250 and +1500 spikes. At each higher high in the SPY, the TICK is failing to follow.
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