Perhaps a little warning that we may be about to reverse, but still above the lines and a pull-back after last weeks's 'excesses' makes sense. Keep a close eye on developments.
The potential warning is T theory volume oscillator drop below zero and previous low, starting to show lower lows / lack of strength.
However price still looks good, and I think that we still could see 2000 on the S&P's after digesting the move to 1980.
