20DMF

[Pascal]

Today is a rather negative day.
I tried to buy weakness but had to release the position.

We can see that the CTick is trying to bounce. I think that these are individual traders who front-run the afternoon expected market ramp.

On a longer term view, we are now back to the support of February 18. The long term Cumulative Tick is still rather positive.


Pascal

[Pascal]

Weakness is continuing today. The SPY bounce is being sold.
That being said, this market is illiquid, which means that violent moves in any direction are always possible.


Pascal