SPY - SHORT So high to soon
SP500 has been racing so fast and with lack of volume, that means we are at wave D, I think we can expect a retracement to continuing up trend.
Also, I think the lack of volume can be a Warning sing about wave E is in play. Even do the target of the resistance are not reached jet (about 3050/3100), since wave D have been break a little wave B maximum.
At least we should have a Little retracement.
Also, I think the lack of volume can be a Warning sing about wave E is in play. Even do the target of the resistance are not reached jet (about 3050/3100), since wave D have been break a little wave B maximum.
At least we should have a Little retracement.
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