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Assessment: We’ve had the post election pop and then not much. I am not really one to follow the trend. A trend will only run for so long. I like to wait for the inevitable reversal, whether or up down, if I miss the opening move. The reversal would mean a sell-off and we likely see a sell-off go down to SPY $570 to close the post election gap and do a little consolidating. When that closure comes is anyone’s guess. A break of $590 is a signal that the short term top might be in.
SPY Chart: https://sblk.io/s/dm0lf7i0sKilSqm
Good luck in your trades!