Looks the broad market is at the edge of smth. SPY volumes are really low, ranges narrow... If it was the eve of some real move I'd also expect the appropriate sentiments like high greed or fear, but this is not the case now - CNN Fear/Greed indicator shows 61, which is moderate, especially having in mind two month of growth.
Note
solid break but the volume is still thinishNote
i called it tension then :-)
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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.