May get decent pullbacks on the way up, but I do not expect real selling until financials reach support lost from 2008 highs. I would expect to see distribution and momentum slow as we approach $28. If and when that happens, I would be looking to build a large short position in SPY.
Note
Getting scary up here.
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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.