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Trader Brian Jones

VERY difficult market to predict but if you shorted at 4400 you finally made some money.

3:50 PM · Mar 3, 2022Twitter Web App

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Master

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Worked perfectly today!!

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@BearIsh31491145

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Makes sense why SPY was held up into close yesterday.

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My Market Memos

@marketobservor

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You nailed that one, and you are right, very difficult to predict!

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My Market Memos

@marketobservor

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One thing I learned from

: Volume is important. The rise in SPY yesterday did not correspond to rising volume, definite red flag to my eye.

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Volume is often misunderstood. Heavy volume is indicative of tops and bottoms as it’s where buyers and sellers are both willing to move. Moving up/down on low volume is fine. But the more overall volume in the market, the more validity as it tougher to manipulate.

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