claydoctor

SPY, I smell a rat

AMEX:SPY   SPDR S&P 500 ETF TRUST
7
I see it but I don't believe it. SPY should have taken a turn down, follow the red trend lines, but did NOT. The red arcs are NOT REAL. If we follow the money, which we should always do... Note the bear trend in money flow in, versus the weak and deceptive bull trends in the other indicators, and in price. Note the gap up, right at the retest trend, and then that now famous "flash Up" doji, which everyone is discounting and dismissing. I say no. It was real. It may be a gravestone djoi, modified for the occasion. I know, I know, we are trending up from it, but... I smell a rat here. Something is NOT RIGHT. Why the gap, why the flash, without money flow in. Somebody trying to inflate price before the big sell?? Just saying, smelling a rat here. BEEEE CAREFUL. Other fishy smells, oil crashes and SPY stays a bull? Dollar breaks a 15 year resistance, breaks through, and euro QE coming, I say no, and turns bull after a serious double bottom off its 10 year support, and euro zone goes recession again (Greece issues, and other, who are they kidding, they did not solve anything). Talking heads sure wanting me to buy into this strong US economy good for markets story. Not buying it. Mouth says one thing, money flow in oppo all that cheap talk. Had a good year, not giving it back. Someone is manipulating this market for their own purposes, duh. HAPPY NEW YEAR EVERYONE :)
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