RTY Overbought
Updated
Stay away from small caps.... overbought.
I think it might get a small gap up tomorrow based on previous rally (overlay), but definitely not worth chasing. Very close to resistance zone anyways.
I think it might get a small gap up tomorrow based on previous rally (overlay), but definitely not worth chasing. Very close to resistance zone anyways.
Note
Hit the overlay target and very overbought now.Maybe they're finally trying to close the RTY COVID gap from Feb, even then I would assume a pullback first.
Note
At resistance and overbought of courseNote
We'll find out if they can pump small caps without a stimulus:investing.com/news/stock-market-news/dow-bears-return-as-trump-demands-end-to-stimulus-talks-2317325
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