I just discovered this. Seems quite meaningful. Failed H&S breakout? Enjoy! B)
SPY closed up 0.57% yesterday. Beating small caps and tech mega caps indices for a change. Stimulus talk appears positive for the market. Buy the rumor. Coronavirus count increase a negative. But each day brings vaccine availability closer. ES futes treading water, up +4.5 handles as of now. Mom Squeeze indicator remains pointing higher. NY advance-decline...
SPY lost -0.6% on Thursday. DJIA lost 1.4%. And IWM lost -2%. But Nasdaq gained +0.5% on the heels of tech heavy institutional darlings. Earlier in the day SPY had lost -60 handles, but recouped some losses by day's end. Today's overall weakness is shown by declining issues over advancing issues by a 3:1 margin at the NYSE and a 2:1 margin at the Nasdaq. ES...