$SPY Rising wedge short term and Major channel R - 311

Expectation is shorts are too eager...bulls are brazen. Small rising wedge will continue to squeeze bears. Major channel blow off top does not happen till 311. Staying away from shorts till we hit 311 or we actually get a significant pull back candle/indicators pointing lower.
sp500indexS&P 500 (SPX500)SPDR S&P 500 ETF (SPY) spylongSupport and ResistanceTrend AnalysisTrend Lines

Disclaimer