Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

SPY 691.66

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Jan 16 4:00 PM EST

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To: yard_man who wrote (211444)	5/2/2025 4:38:41 PM
From: GROUND ZERO™	Read Replies (1) of 222030

I wouldn't be surprised to see some more selling on Monday, this market is already WAY overbought and WAY overstretched... Who knows, it could still keep pushing higher, but at some point it will have to give... The $VIX is suggesting this market should still continue higher but who knows... The major averages are already way over their Keltner 5 channels, this doesn't stay above that channel for very long before it snaps back into normalcy soon enough... So, we'll see... GZ

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