Still overbought, but sorta looks liek a melt up
Comment:
AAPL and a few COVID and chip stocks are the only thing propping this up. AAPL is keeping SPX from tanking as well.
Not very bullish, probably better to short small caps than trying to chase AAPL. If you're bullish though, I think AAPL will give better returns than QQQ.
Not very bullish, probably better to short small caps than trying to chase AAPL. If you're bullish though, I think AAPL will give better returns than QQQ.
Not feeling very bullish so staying out