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deCarbonMan

Risk is definitely rising for a correction

Short
S&P 500 Index (SP:SPX)  
deCarbonMan  
SP:SPX   S&P 500 Index
Trend Analysis S&P 500 (SPX500)
13
0
trendanalysis spx500
Look at the volume profile, a lot of trading here. It really looks like a distribution top.
Any downtrend has rising volumes
Uptrends have decreasing volumes
Negative divergence, which is going to push the price out of the rising wedge.

Price might rise again, but I don't think this is going to end well.
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