Yesterday’s Pullback was Due…
Yesterday I mentioned the 2-perod RSI in QQQ and IWM had reached 99 on Friday and those levels as we know are unsustainable. Yesterday’s pullback was due and it leaves the market today in a slightly oversold condition.
Please note that we jut published new research on trading Moving Averages. You can download our latest Connors Research Trading Strategy Guidebook here.
Today’s Potential Opportunities on Further Pullbacks:
Stocks
ETFs