your right, there's a lot of retail sentiment, everyone hears about the dow making a new record and wants to jump on board. It's almost noon and the probability of going much higher is dwendling. SMH looks like the reverse pattern of yesterday. Maybe a reversal around noon-1pm EST.
11745 YM sup. Trendline still in place, currently in channel. CNBC saying DOW will break record today. NQ narrowing flag. Watching SMH for direction. Watching INTC to break 20.30 for downside move.
Currently choppy trading. TRIN more bearish.