Replies to post #53155 on SPDR S&P 500 (SPY)

[Two-timer]

learning, I think they're shooting to go above the highs of 6/17 (NDX-1993) and top 2000. But I don't think we're going much higher tomorrow. My trading instincts (and not my charts) tell me a short-term top will be made tomorrow, followed by a brief decline next week. I say "brief" because we're going into the July 4 holiday period. They usually manufacture a rally into that holiday, then let it drop hard afterwards. So, prices drop Monday into mid-week, then start rallying back through July 3? My guess is that the NDX comes close to the 6/5 high of 2055 on or about July 3...but doesn't make it. And prices tumble hard after that? JHMO. Two