SPDR S&P 500 ETF TRUSTSingkat
Spooky gaps
A gap, when dealing with candlesticks, is formed when the previous close price is different than the next open price. It implies heavy position rollings by big shots (istitutionals, etc) and makes for greater volatility.
This behavior is common among illiquid instruments and during nasty times. You can see a couple on GOOG, AMZN, AAPL and others. Now you see it in SPDR. These, are the most liquid assets in the world. This period though, is not nasty. Valuations are going high and political scenarios are less grimey than thought (EU populism, low volatility, stuff like this). This given, gaps that big in the SPY are very not common, thus I am calling for a $260 correction.
Trade skeptically
This behavior is common among illiquid instruments and during nasty times. You can see a couple on GOOG, AMZN, AAPL and others. Now you see it in SPDR. These, are the most liquid assets in the world. This period though, is not nasty. Valuations are going high and political scenarios are less grimey than thought (EU populism, low volatility, stuff like this). This given, gaps that big in the SPY are very not common, thus I am calling for a $260 correction.
Trade skeptically
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.