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ByDHTaylor

S&P 500 looks top-heavy

US 500 (CURRENCYCOM:US500)  
ByDHTaylor  
CURRENCYCOM:US500   US 500
Technical Indicators S&P 500 (SPX500) SPDR S&P 500 ETF (SPY)
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0
indicator spx500 spy
I have been watching the daily on the S&P 500. It is looking a little bit top-heavy up towards these all-time highs. Any failures to mount a sustained move today may result in liquidation of long positions. Personally, I favor a pull-back first. I believe the market has gotten way ahead of itself.
#SP500 #SPY
US500

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