Overbought (daily RSI at 78 and weekly at 69). It is currently 45% above the 50 SMA!!! Looking for a pullback to 20 EMA and the 38.2% retracement (of the move up from 10) at 14
04/24/2025 Market Outlook (The Unfilled Gap)
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See red circle in the chart below, SPY owes us a high high so more …
The post 04/24/2025 Market Outlook (The Unfilled Gap) first appeared on Cobra's
Mark...
3 hours ago