$SPY $Q


A small excerpt from the report ๐Ÿ‘‡
The momentum and breadth side has not completely collapsed. In fact, breadth is reasonable and momentum is quite strong. Bond and Risk and volatility also do not point to panic. But Premium Ratio is very weak. Market Data also stayed weak. So the price system may not have completely broken yet, but the quality of flowing money is not strong. In other words, the structure is standing, but appetite is missing.
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