SPDR S&P 500 ETF Stock Discussion

Chasing_Freedom : be careful buddy alot of buying pressure and support tested successfully

Skye7171 OP : Remember we may be bullish but healthy pullback is needed as we push upward. that has not happened at all yet and call buying is absurdly high rn

Skye7171 OP : 7 solid green 3m candles later…

Skye7171 OP : the number of green candles at open should be a warning sign, just saying

TokenSleep : Call buying is high, rightfully so. I don’t think a dump is likely, so long as economic data doesn’t create more uncertainty. If it does, it’s possible it can fall between 585-572. But I think that’s unlikely. Don’t forget, there has been massive sell offs the past weeks, creating some imbalance to the upside needing to be balanced. We can definitely see 600 today, maybe even 602, before pulling back down. We shall see.