S&P 500 - New high with too many divergencies

S&P has broken to new highs, but I see too many divergencies...
We had a 29 days of rally and it seems the higher high will not be holded.

That is the main reason I closed my S&P 500 Index longs.
We just wait for a healthy pullback - maybe the testback of the breakout and enter with longs again.

I set this idea as a short but I'M not going to play this on the short side.

Yorum:

Taking profit on half of the position (2169)

Yorum:

Unbelievable. Not that we got out half of the position at the exact bottom. The fact that the market is under control of the powers and simply cannot fall.
I will close the rest of the position tonight. We are fighting with our shorts as ants against the elephant.

Yorum:

After yesterday's and day before yesterday's move I feel strength here.
So I don't want to sit in the shorts anymore especially when oil shares are breaking out.
Closing the other half of the short position at 2178.

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