This market is getting a bit tired in my opinion. $SPY opened above my current chart’s 2nd resistance, and spiked to my 1st target 140.64 and my current chart’s 3rd resistance. My personal interpretation is that the big move is done, and that eventually we will sell off during the day. This could be a very violent sell off that could take us as low as 139.79.

Keep in mind that I am just saying this based on what I see on my charts. I still think that we are in an up trend market, but even a good market needs to pull-back.

Remember we are up on no news, so don’t be surprised if we drop.

Here are some names to consider

$APA short under 87.65.

$CAT short under 87.77.

$FCX short under 35.48.

$NUE short under 40.51.

$APC short under 70.41.

$MON short under 89.30.

$SCCO short under 33.50.

May you all have a good continuation of your day.

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