📈 $SPY WAS THAT A ___?
• $VIX kept falling all day making new lows while the breadth was improving and indexes were digesting the move.
• The close makes the situation interesting into tomorrow with a slight edge to the bulls here on the chart.
• What really stood out today was Nasdaq breadth held higher along with NYSE and $QQQ has one last bear gap that is open which comes into play once 486 is broken.
• SPY targets above are 573 and 575 this week.
• Bears need under 570 and close under the trendline for lower.
FLOW UPDATE: $NVDA 132C 10/4 124C 9/27 both on flow and remaining strong there. $TSLA remains bullish on flow into delivery numbers next week.
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- Brando741319·09-26GoodLikeReport