Short Squeeze Sends Stocks Back to Overbought Territory

That was one heck of a short squeeze yesterday.

The market is overbought coming into today with the 2-period RSI on the Country Fund ETF universe at 90.04.

The above is from Larry Connors’ Daily Battle Plan.

To learn more about the Daily Battle Plan, click here for more information.

Larry Connors is founder of TradingMarkets.com