By Sellputs
*Updated chart
As you can see from the chart to the left the SPY broke out of the ascending triangle depicted below. Again volume today was low today, SPY volume was off around 75 million shares vs its 3 month average of 230million share a day.
This market is more about following the size intra day while following fundamentals on the macro.
As you can see we have more ascending triangles today.. we have just broken out above 109.20
