Of course, there will be corrections, fed or not. And now the fed may stop pumping this summer and then look out below.
Tops form slowly, we will have more rallies even if we fall for the rest of the week, which will set up a 2 to 5 day rally next week.
Pretty ugly pattern today, but have seen that not work so many times, not willing to go short heavily at the open tomorrow. In the past, would be short already.
Short the next rally, and for sure the next big up day is a short op.