Overbought with daily RSI at 69 and weekly at 73. Also forming a bearish raising wedge (broken orange TL and the pink TL). Looking for a pullback to 20 SMA at 34, which is also a confluence of support and resistance trendlines.
Guesstimates on January 16, 2026 - next post January 20
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*March S&P E-mini futures: *The ES is headed much higher over the coming
months. Support is 6500.
*QQQ: *Upside target is 640 and support is 568.
*TNX ...
1 day ago