Joined Dec 4, 2012
319 Blog Posts

The Difference Between SPY and the S&P 500

Back in August we had a “Mini Flash Crash” especially on SPY. We are now lower on the S&P 500 index than in August BUT not yet on SPY. We need to test that low at $182.40. The sooner we do that the quicker we can find a bottom.

That low of $182.40 did happen and now we need to test it.




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One comment

  1. probucks

    We hit $182.30 between 10:50 & 11:05am in SPY

    Then again – given futures leads cash & they SPY is a derivative of cash, wouldn’t the SPY lag everything? You’ve got NAV, tracking error, redemption, supply demand, and all sorts of things that potentially clutter the ETF.

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