From
"It is what it is department" Bullish and overbought. many negative divergences but that can drag on for a while longer, the one combination of indicators that stood out is B% >1 plus negative D on $BPSPX, as shown here in the last couple times. side way to down is to expect. market move higher Monday will only created more overbought condition for short term trade. CCI(21) is at 190.31, a reading over 190-200 on a daily CCI (21) will give me the reason to find excuse to sell. up side to down side R/R is very much favoring on the bearish camp.
Accu/Dist also suggests distribution short term.
How about "Sell in May and Go Away"? or seasonality weak summer months. well see it for yourself, the power that be change the stats on that long time ago.
Stonks only go up, Peace!
My comments are for entertainment/educational purpose only. NOT a trade advice.