For FullyInformed Members here is the intraday chart analysis for the afternoon of Nov 16 2015 at 2:45 PM.
With 2 billion shares already traded by 2:00 PM on New York, we are seeing the market lift itself beyond my expectations. Obviously the Spy Call options was the trade to make. 70% of all volume by 2:00 PM is to the upside although new lows are continuing to rise. We will have to see the closing numbers to determine whether this is a one day rally…….the rest of this strategy article is for FullyInformed Members.
Intraday Chart Analysis – Afternoon – Nov 16 2015
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