Monday, February 29, 2016

Feb 29 - Potential bear trap

Went long SPY a/h based on following

NY up/ down volume was close to 1 despite -.63%, SPY volume decreased from Fri, CPC also spiked on a daily basis which 'usually' leads to mean reversion in near term.  If tomorrow is another strong down day, medium term uptrend is in trouble.


HYG continuing to blast up despite today being down almost 1%


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