Another View

As always, we need price confirmation, but the accumulation on Friday seems to be about right for a bounce of 2 days. It's possible with new highs being made in several of the averages, longs are getting set up in a bull trap-like scenario.

 DIA 60 min. Note the volume!

 IWM 60 min.

SPY 60 min.

SPY 15 min Heiken Ashi chart. Note the indecision candles and price backing off the top Bollinger Band at the new high area.