Will this Pullback Pick up Steam?
The US markets are now oversold and with over 80% of the liquid country fund ETFs trading with ConnorsRSI readings under 30, the short-term pullback is global. The best scenario would be for this pullback to pick up some steam and last a few days in order to set up the next move higher. In the meantime, scaling into positions is the proper strategy today.
Have a great weekend!
Today’s Potential Opportunities on Further Pullbacks:
Stocks
ETFs
For today’s official Daily Battle Plan set-ups click here.