RTY Overbought

٥ أكتوبر ٢٠٢٠

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.

٥ أكتوبر ٢٠٢٠

ملاحظة

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.

٦ أكتوبر ٢٠٢٠

ملاحظة

At resistance and overbought of course

٦ أكتوبر ٢٠٢٠

ملاحظة

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