ES1 daily chart now overbought. Guessing we see a dip here before the final push.
Orange line represents the June/July rally, if this one is similar, we're looking at 3150 on Thanksgiving Friday on the short day. (The line is a direct copy. and paste.)
If you feel compelled to short anything (since it is overbought), I'd suggest going into December puts, not weeklys. I'm gonna wait....
Orange line represents the June/July rally, if this one is similar, we're looking at 3150 on Thanksgiving Friday on the short day. (The line is a direct copy. and paste.)
If you feel compelled to short anything (since it is overbought), I'd suggest going into December puts, not weeklys. I'm gonna wait....