Update : SPY – Low Volume Rally

Do not trust this run-up.

click image to enlarge

Drilling down to an intraday chart (15min) ,  watch the rising trendline (white)..

click image to enlarge

If this line fails on volume of greater than 20million shares, get short.

If pre-market activity on Monday is below this line, get short.

Maintain stop loss @ 111.6x

Things could get messy,

Q4 reality on deck.

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