After a couple of weeks of downside, the S&P 500 turned back up last week. Now it’s once again stretched as it approaches 3 ATRs above the 21-day exponential moving average. Let’s take a look at all the warning signs that are out there and why this is a tricky spot to try and join the bull move, even if it has farther to go.

In the Simpler Store // Use Code: FOURTH at checkout to spark your trading with 30% off select memberships, courses & indicators. Get discounts on the tools and trading strategies you love (before this sale ends)! *Exclusions apply