There is no gas in SPY to go further top. It is hovering below 565 for over a week now. Even the Jackson Hole talk couldn't push it above 565. I believe the market is waiting for some major catalyst to break down
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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.