The markets triggered an overbought RSI reading yesterday. Let's see what that has led to historically.
Day - Tuesday
Opening Gap Direction -Up
Market Status - Yesterday's momentum continued overnight as the ES has hit a new high
Instrument - ES, RTY, NQ, YM
Trading SetUp - RSI suggesting Overbought following new highs
Market Trend - New Highs Continue
Trade Type - Long
Entry - 9:30 am ET (Market Open)
Exit - 4:15 pm ET (Market Close)
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