Is this market about to snap?
He girls and guys, I have been watching the SPY for some time now and still think it's going down next week for these 3 reasons:
1. The average volume on the market is getting weaker.
2. Volume and MACD is diverging in relation to price action; they are going in opposite directions.
3. A FED raise hike could trigger a market correction.
Please do your homework and play this game at your own risk.
Tell me what you think; leave a comment.
1. The average volume on the market is getting weaker.
2. Volume and MACD is diverging in relation to price action; they are going in opposite directions.
3. A FED raise hike could trigger a market correction.
Please do your homework and play this game at your own risk.
Tell me what you think; leave a comment.
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