ES is overbought but NQ is oversold...
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MFI went further into overbought. Stimulus pump is amazing.
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Would not be surprised if we wing up with a big drop and recovery this afternoon or tomorrow afternoon just to get MFI down out of overbought territory.

Beginning to think we have to wait until the stimulus until we see real selling action
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A melt up is the hardest thing to trade.... you never know when it's going to collapse and leave you holding the bag. Could be next week, could be tomorrow.
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Well, at least some of teh algos are still paying attention to indicators.

Really not sure if the market will go down even though overbought
Chart PatternsESTechnical IndicatorsSPX (S&P 500 Index)

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