SPY volume was quite low today. On top of that, SPY ended the day with a candlestick that reminds of a grave stone doji. I can not exclude that we are at or close to a short term market top (again..).
If the pattern continues on the same track as it has for the last couple of weeks, a short term market top is due in ~7 days. The question is, will we go higher and how much from here before a significant pullback?
Below SPY 1h chart
I have no clue about today but I’m guessing on +-0 close. I will probably post intraday charts today if/when things get more clear.
Trading suggestion: stay aside.
