TSLA
Tesla
-- 230.580 NVDA
NVIDIA
-- 108.760 PLTR
Palantir
-- 78.050 AAPL
Apple
-- 220.840 GRRR
Gorilla Technology
-- 26.990 
Thoughts on the SPY
Hi everyone, I’m a beginning options trader who likes to experiment and test things out. So if I made any mistake in the terms, please forgive and correct me on that.
Recently, I learn about price action in relation to the volume, so thought of applying this to something I saw on the SPY charts. From what i learnt and interpret, if prices increases or decreases but volume did not increase, then it means that the market participants are less interested to push the prices up or down, the trend is weakening and a reversal to the primary trend is coming as there are not enough bulls to push the prices higher (if it is an uptrend) or not enough bears to push the prices down (if it is a downtrend).
From the weekly charts of the SPY, you see that when prices dropped from the week of July 19 to the week of Aug 9, the volume increases (with a spike in volume on 5 Aug) but when prices increases from the week of August 16 to August 30, the volume decreases, showing a lack of interest to push the prices higher. There is also a double top chart pattern formed, telling me that sellers might be coming in for the short term. Hence, I’m bearish on the SPY in the short run unless things on the chart are telling me otherwise.
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