The $SPY is up 19 of the last 25 trading days. 3 of those red days were essentially flat-ish days.
So in 25 days we have had only 3 reasonable red days.
Raging roided bull market. Steroids on steroids.
Daily RSI at 65, not quite at overbought levels.
Candlestick is surprisingly still within Bollinger Bands.
Volume was the most anemic since 2006 on the SPY. Which means easy up moves if no catalyst for downside.
I wouldn't be surprised markets closed green tomorrow to end the week.
Next week however, is going to be very exciting. $NVDA post split could potentially be a catalyst for a broader market MINI pullback. But first we need NVDA to healthily pullback to drag the markets.
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