 |
| SP-500 Daily Chart |
Overbought? Yup. In need of a correction? Probably. Is it done going up? I don't call tops. The direction is up until it isn't. Keep tight stops under part or most of your position and let it work. A pullback to the horizontal support line could be welcome and being ready to enter or add on a bounce from that level can keep you in a moneymaker pattern. Enjoy what Santa Clause brought.
