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Lower high or not, wait and see. I won't count on bears anyway. Don't expect big moves either way though.
Small gap down so likely just a range day.
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Double bottom (green arrows) and higher low (blue arrow) so maybe the pullback starting from yesterday was over?
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options traders sway with the wind, and atm the wind is still diverging: blowing lower-highs and lower-lows
spy tested a double top and failed but may try again
15m
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Hugging on 5 DMA, Cobra is right no big move until after the Holiday, for now bears have no chance until we trade under 5 MA. looks like it will fall at any minute now. no buy today.
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I mentioned target 4270 yesterday it hit in overnight session, no count, it has to hit either today or tomorrow once the 5 DMA is taken down this time.
My comments are for entertainment/educational purpose only. NOT a trade advice.