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Anna Coulling Profile picture
Anna Coulling
@annacoull
Creator of the volume price analysis (vpa) methodology. Discover my books at https://t.co/OAsIjKHCei - Risk Disclosure: https://t.co/f9HH8DSVMo
Mar 19 • 5 tweets • 2 min read
1. SPY has closed on another very, very narrow spread candle and huge volume at one of my key daily levels ($659/$660). Effort & result are most definitely not in harmony. David & I are now calling this candle/volume combo - the 'Sumo' Image 2. So why the disharmony? Look no further than the $660 put wall dealers must defend ahead of tomorrow's Triple Witching OPEX -buying dips & selling rallies to keep the price above $660 so those puts expire worthless. Classic pinning. Such rascals. Image