The major indices are overbought levels on the RSI indicator.
SPY, QQQ, DIA, IWM all 4 major indices are 70 RSI level.
2 & 4 hour charts of the same indices ETFs are again flashing overbought sign.
Is it going to be Turnaround Tuesday ? May be possible bell.. Just be cautious that there is still potential for stocks to run higher even further from the current levels. Let’s see what market brings tomorrow!
