dryanhawley

Irrational Exuberance extremely overbought

CME_MINI:ES1!   S&P 500 E-mini Futures
We went to R10 in the pivots before 9:30 AM, yes I think he Market is Bullish right now, but such an extremely overbought situation can only last for so long, VWAP and Pivot are calling.

I haven't got confirmation on this but based on the Fib levels I think we are at R14

Please check out Kauai Dave Pivot Traders on youtube. www.youtube.com/channel/UCNpY7S_s1cxw0cer4PyEEMQ
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