I noticed a possible head and shoulder formation on the $SPY a couple of minutes ago. Here is the chart. I share the sentiment with many other people I trade with that a pull-back is indeed in sight. There is only so many times the $SPY can test a level and defend it.
I do think that if we test 140.51 level today and break it, we will see some massive selling going through the end of the day.
I am looking at the following names:
$CAT under 88.50
$COG under 42.02
$CTXS under 75.71
$FB under 21.55.
May you all have a good end of your day.
