Get started
Dr_Roboto

Lowest volume since Feb 19 & flat OBV -> market reversal?

SPDR S&P 500 ETF TRUST (AMEX:SPY)  
Dr_Roboto  
AMEX:SPY   SPDR S&P 500 ETF TRUST
Trend Analysis
12
0
trendanalysis
The S&P 500 (SPY) has hit its lowest trading volume since Feb 19th (right before the crash). In addition, the rally this week has had a relatively flat on-balance volume. S&P has also failed to retest April 29th high. Nasdaq has stalled at 9200. All these signs point to a high likely hood of a reversal in the markets.

Related Ideas

Dr_Roboto
S&P 500 - 4h MACD RSI analysis - Mixed day?
Dr_Roboto
Update - NYSE Advance-Decline Line
Dr_Roboto
A look at the NYSE Advance-Decline Line
Dr_Roboto
S&P 500 push to 2930 maybe even 2950
Dr_Roboto
NASDAQ push to 9200 today (good day to sell?)
Dr_Roboto
S&P 500 Market Cycle Analysis/Prediction
Dr_Roboto
SPX vs VIX Trends
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.