SPY daily.
Helluva move up since January.
Trend up, as shown by the EMA 20.
EMAs 20 50 100 all up, and in the right order.
Bollinger up.
Volume up 3 days in a row.
In a range for 6 days.
2nd hit at the top, looking for a breakout.
Very shallow pullback (a pause), then a bounce.
Lots to like.
As always it could easily go for a serious pullback.
''Let's be careful out there,'' said the roll call sergeant on Hill Street Blues.
Charts posted are not recommendations. They are just a sharing of information.