The indicator below the chart displays the distribution day count over time. As the count has climbed higher of late, note how the price action has also gotten more wide and loose. If you're long, this isn't what you want to see.
All that said, our individual positions guide us into or out of the market. There are still plenty of names setting up, breaking out, and running. Of late we have seen TWLO , AMBA , and PI just to name a few that have had strong breakouts and gone on to make some quick gains.