Thursday, 21 February 2013
ES 11:45pm Feb 21 2013
Looks like the ES has already covered the rally that I was expecting and has reached overbought on the RSI. This looks good for the "Shorts" due to the obvious. When a signal moves faster than the price, you are sure to see more push against price by the indicator.
We should expect SPX to at the least open on a positive then make its way down throughout the day.
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