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 May 27, 2026
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*June S&P E-mini futures: *The 7500 target has been reached and now 8200 is
likely by the end of the year.
*QQQ: *The 750 level is resistance and 700 is...
7 hours ago