Ever since we broke the dotted blue mid-term trend line, the volume has been dying off, which is not a good sign. I wouldn't expect any breakouts until after we've retested 330s-350s. IMO, this is a good short opportunity followed by a good long opportunity in a couple of weeks.
The market isn't likely to make new highs on this kind of volume with indicators needing a correction.
The market isn't likely to make new highs on this kind of volume with indicators needing a correction.