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S&P 500 looks top-heavy

59
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
CURRENCYCOM:US500
ByDHTaylor
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Technical IndicatorsS&P 500 (SPX500)SPDR S&P 500 ETF (SPY)

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Technical IndicatorsS&P 500 (SPX500)SPDR S&P 500 ETF (SPY)
ByDHTaylor
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.