The S&P 500 is heading towards that 1180 area I mentioned weeks ago, but it feels like the rally is on fumes. Volume is contracting, and momentum is diverging.
I believe that a pullback is imminent for the market, but how many hours are in an "imminent"? for now, I am going to be watching these key decision areas for signs of stalling out and a "potential" rollover.
Patience is key here!!!!!!!!
