Market Analysis
Pata, Today's pattern (market profile of SPY) looked very similar to the one on 10/27/2011. There are huge supplies above 132.4 (SPY).
I was looking at SPY historical data. Today it closed the gap on 7/27/2011 after almost exactly 6 months. Interesting.
yes very interesting indeed
BTW, the pattern worked out really well, We did get negative opening, despite of following rally.
Pata, Today's pattern (market profile of SPY) looked very similar to the one on 10/27/2011. There are huge supplies above 132.4 (SPY).
ReplyDeleteI was looking at SPY historical data. Today it closed the gap on 7/27/2011 after almost exactly 6 months. Interesting.
ReplyDeleteyes very interesting indeed
DeleteBTW, the pattern worked out really well, We did get negative opening, despite of following rally.
ReplyDelete