SPX S&P 500

SPY Volume Remains Bearish

Over the past few sessions, volume pattern has turned very bearish.

There are now 2 gaps on SPY – one gap down which will probably be closed soon enough, and the gap up from the start of this year. It will close at some point, given the ongoing instabilities in the world, probably within a few months.

Don’t forget, the fall is typically an unstable time for the markets.

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