With an early RSI of 95, will the momentum continue the rest of the day?

08/11/2020 03:02 PM - By Brian Casto
If the RSI is overbought should we expect the Futures markets to hold up into the close?  Or, will we see some pull back?

Day - Tuesday

Opening Gap Direction -Up

Market Status - Yesterday's momentum continued overnight as the ES has hit a new high and is holding it through the day

Instrument - ES, RTY, NQ, YM

Trading SetUp - Time Based Entry

Market Trend - New Highs Continue

Trade Type - Long

Entry - 3:15 pm ET

Exit - 4:15 pm ET (Market Close)

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Brian Casto