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 22, 2025
-
*June S&P E-mini futures: *The odds favor continuation up to 5700-50 before
another big drop becomes likely.
*QQQ: *Support is 432. Resistance is 485.
*...
4 hours ago