S&P 500 Index
Short
Updated

It's getting squeezed

Can't get any higher, but the moving averages have finally caught up to it. Look for a drop below to the 45 EMA, and if that holds it'll probably act as support until even that starts to squeeze. Once it's below those moving averages, it's going to be weak. It's starting to look like the end ... Not much time left before the inevitable drop unless some big money starts rolling in. Tomorrow's cash session will hopefully be pretty interesting.
Note
Broke out to the upside ... really strange price action today, seems like algos are aggressively hunting for stops or something

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