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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
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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.

Idee correlate

Dr_Roboto
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