SPDR S&P 500 (SPY)

[USDollar]

yes and no.
I don't see any waning. It's actually TOO STRONG..
Look where we're at - yes, that does look screwy , but inflation is so high that SPY at 400 is just keeping with inflation.
Moving averages bullish - well YEAH !!!
"I feel" - I can't go there where people feel stuff. But that's not charting, so who cares who feels what.

Explode higher - it doesn't have to. It's enough to grind higher to 430 (and decay your puts to zero)
Feeling comfortable to get short - That's how I lost bigly too..

I'm not against corrections.

I trade