SPY
It looks bearish to me, by analyzing price action, block equity orders and option flow here is my idea:
I see 2 scenarios for Monday:
1- It goes up near ATH, test ATH and then drop to 389 area.
2- It will open with gap down, around 393 and then drop to 389
* it was too much for one day, it's much look like a bull-trap, a perfect set-up for 5-10 percent correction, it happens when you don't expect it at all, and it's now.
*This is my idea and could be wrong 100%
no pain, no gain
Unveiling illusions, revealing wealth
Unveiling illusions, revealing wealth
