On Monday I am looking for a retest of the of SPY all time high. To take a short I am looking for a higher high and a weak close. The LBR Oscillator making lower high with negative momentum. And Volume Delta is already negative not confirming the new highs. Stop should be high of the day.
Comment:
Price didi not make a higher high today, which was my signal to get short. One day at a time lets see the price action tomorrow and see if SPY make another attempt to test the life-time high.
Comment:
I am turning more neutral now. Looks like SPY is building energy to go much higher.