As I alerted in my previous post Going higher ?
"Looks like the bulls want to push it one more time higher."
The SP500 traded at 1515.70. Yesterday close was 1531.18 and futures are going higher now as we took 20 points profit in the SP e-mini. So what's next? Today we got some sort of exhaustion pattern. I suspect this levels are quite dangerous for longs and prepare for negative bias if not today then next week.
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