If you are unsure what direction equities are heading then trade indices in pairs. Right now the DAX has retreated a bit and is now testing previous resistance from before the May 26 breakout, whereas the S&P is still challenging new highs. Eventually one can be expected to catch up with the other. Buy the DAX and sell equal value of the S&P and be ready to hold for a week or maybe two, Good luck and as always be careful with your money.