Perfect example of how stocks take the stairs up…
and the elevator down.
It took SPY 12 days to go up over 7 points and only 4 days to come back down 7 points. Emotional fear took hold and panic sellers dumped. Looking like $SPY finishes the week in the red.
The market gave us some really nice short opportunities this morning. 10 out of 11 sectors in the red.
$NVEE down over 22 points so far and fading. VWAP stuffed it out early morning and that’s been that since.
$OEC multiple short entry opportunities in this gap down. VWAP holding it down all morning
$CRC gapped down and was stuffed out by VWAP late morning
$KR nice day 2 continuation
