to short or go long???

SPY has made a series of higher highs while indicators are making lower highs, generally this type of bearish divergence indicates that bullish momentum is slowing down and a move to the downside in the near future...although this contradicts what the MAs indicate i still believe we will see a big move to the downside very soon.
Chart PatternsTechnical IndicatorsSPDR S&P 500 ETF (SPY) Trend Analysis

Penafian