Looks like it's headed to overbought possibly after US open, and a dip next week.
Closing all of my long positions today. Monday might be the peak, but the run is pretty much over after today.
Closing all of my long positions today. Monday might be the peak, but the run is pretty much over after today.
Comment:
I find it very odd that Europe is rallying, they're in big trouble with natural gas. Aside from heating, it's used as a feedstock of many chemical processes. They are going to have supply chain issues sooner than later.
www.msn.com/en-...ows/ar-AA10dYaW?ocid=entne...
www.msn.com/en-...ows/ar-AA10dYaW?ocid=entne...
It's not going to track the overlay perfectly but there may be anotehr leg up later this week or next week. WE'll see.