On the today's live stream, we discussed US100 Index. The market started a correctional movement after it set a new higher high, respecting 15280 level. The price was trading with a bullish flag pattern.
The resistance of the flag was broken yesterday. It will most likely trigger a bullish continuation.
Next goal - 15200
For entries, consider a broken resistance of the flag.
Technically YES, maybe - sometimes. But now NOT: overbought on RSI, MACD weekly... Overbought on daily MACD. Hawkish FED and terrible earning season on the way... September 2021 scenario or maybe worst....