Market Breadth Data******************************

Monday, July 25, 2016

$SPY and Peak Liquidity

The liquidity spigot has been turned on full blast but the major indices have stalled at resistance. From a contrarian point of view that's a warning signal since the slightest disappointment is likely to trigger a run for the exits, and may provide a better long entry point:

Thursday, July 21, 2016

$SPY Pattern and Trend

The futures are trapped between angle support and resistance, which is a recipe for a large move to follow:

Next support level @ 2140

Trading Books