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 April 7, 2026
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*June S&P E-mini futures: *The drop from the February top has reached 6354
so far but market sentiment is very bearish. That low probably ended the
drop ...
12 hours ago