IDEA FLOW: SPY Short
Updated
On Monday I am looking for a retest of the of SPY all time high. To take a short I am looking for a higher high and a weak close. The LBR Oscillator making lower high with negative momentum. And Volume Delta is already negative not confirming the new highs. Stop should be high of the day.
Note
Price didi not make a higher high today, which was my signal to get short. One day at a time lets see the price action tomorrow and see if SPY make another attempt to test the life-time high.Note
I am turning more neutral now. Looks like SPY is building energy to go much higher.
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