May 21st SPY Thoughts

**These were my notes to subscribers last evening Tuesday May 21st.**

While we’re not breaking down on the daily chart yet the 15 minute chart showed me evidence that rips were being sold into and that is not good as the big money is starting to cash in.
GS was a very quiet seller yesterday and they are always ahead of the curve.
The pros get the meat of the move, not the top or the bottom so it’s likely we will see a large capitulation day higher before a large reversal in the near future.
Watch for it.
If the S&P get up 20 or near 30 points in a day and then fades it’s likely the top.

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