my thoughts on where things are heading changes frequently being...

my thoughts on where things are heading changes frequently being s short term trader

I first thought that the upper bollinger bands were going to offer potential high level resistance and a bounce down

I have decided now that it will be weaker resistance

My gut feeling is the market while overbought can remain that way for a long time, but traders wary of this will trail stops up tight, so any bad news could mean a healthy retrace before we reach new highs which can make investors AND traders bearish and compound the weight of downward momentum.

The market is still weak and bearish