As promised, here some shorter time frame charts. Let’s start with a 60min SPY chart. The pace of this move can not continue forever (~+350% on a yearly basis). Combined with the climax up, pro sell and the last 1h candlestick I estimate that we’ll see a pullback / range trading next monday, tuesday. The pullback shall not be volatile. If it is, bulls could be in trouble. Be cautious if 1360 is taken out.
Below you can see the huge accumulation on SPY last friday, 60min chart once again.
Below some basic TA on /YM 4h and 60min chart.
Below upvolume vs. downvolume on a 60min SPY chart (a better version coming perhaps later with stats..).
Below a chart for them bears, IWM and VXO 60mins.
I also updated bull vs. bear sentiment, link can be found up on the page.
Trading suggestion: Protect longs with puts.