I got 2 solid sell signals friday, so expect at least a 2% correction this week, and could be more. Not enough euphoria to put in a major top yet, could keep going up (with at least a 5 to7% correction before november) into next year.
After 26 years of watching the stock market, this does not feel like a major top. Oh, we also got the silly new moon sell signal for friday, but it works when the trend is not too strong.
I will cover at spx 1440 for sure, as dont think we drop below that before one more run up to another new high. then I think we see the 5% correction, but is only a guess.
