According to sentiment traders models we are now overbought. Does it mean that we are goiong straight down? No. What it does mean is that we are at risk and this isnt the best time to buy.
Added 10 NQ and 10 ES. What am I thinking? After 1030 the strong tick bounces started to end and just a couple of minutes ago we had two -700 ticks. Our trend day is now in trouble.
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