מדד S&P 500 ‏
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S&P 500 looking frothy

SPX is in a melt up situation. It is unwise to sell until we have a clear signal.
I am monitoring a rising wedge pattern as a potential entry to swing short.

Entry confirmation would be on a daily candle close firmly below the rising wedge support line.

Bonus confirmations:
Bearish engulfing/Pinbar
High volume
Impulsive selling

Good luck.
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Looking for entries on a break of support
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rising wedge to corrective rising channel. Break into EOD, sellers may show up.
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