Over Bought! Over Bought! Are we finally seeing a top? Momemtum is slowing...
5 min Emini Nasdaq 100
Hi,
Market has been on an upward trajectary for the past week.. Do you really think that this will continue forever? Good news have less and less impact on the market. It just can't keep on continuing on it's rocket trajectory...
Today's market is pretty obvious...Moving averages are flat.. I mean horizontal flat !! There is some sort of mean reversion by price hovering up and down But do you want to take the risk in such a market? We have seen better times and opportunities to capture in the market. You don't have to force a trade.
No trade today.