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S&P DeMARK Flash Update

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S&P DeMARK Flash Update

Short-term 13s and 9s

PetrTrades
Feb 22, 2023
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Some quick tidbits here on the S&P. Here is the big picture:

Hourly 9 buy setup

15 Minute Combo 13 Risk Levels Holding

I’ve taken a small 0DTE position for the Fed come in and perhaps tame some of the recent hawkish rumors. The trend and breadth have indeed flipped to the bearish side on higher time frame charts but the risk-reward short-term looks more like upside gamma vs downside continuation, which might come later in the week.

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