Overbought status for all indicators . SPY near new high for all time records . the best opportunity to short positions and selling SPY when make new high during following days between 295-300 then at least can collect profit when dropped to 281 . then if its broken with volume it will go to 272 then to 263 . after that i expected bounce back again to area of 280 then may drop again to make double support at area of 260s. Recent trade days were with higher volume perhaps we will have new record at any moment and the market will drop hardly overnight or during the opening so be alarmed...
