S&P 500 record highs possible double top? Sell in May go away like 2001 and 2008?

in #double3 years ago

Today we set a new high on the June contract future for the ES or S&P 500. An interesting side note is not only the double top, but the possible correlation to 2001 and 2008 corrections. Both had a high this week in May and then began massive selloffs. If building a short position, this would be the day or week to begin!