The market is showing evidence of buying climax, distribution and no professional demand. SPY is rising on the thinnest 2 week volumes since July 8 2024. /ES is rising on thinnest 2 week volumes since December 27 2021. You will want to sell strength aggressively. I see at least a 10% correction from here. 5400 on /ES is a good target for now.
On another note, I think Donald Trump’s policies will be highly inflationary and very bad for the global economy. The tariffs and deportations are very stupid.
