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hungry_hippo

NQ still overbought

NASDAQ 100 E-mini Futures (CME_MINI:NQ1!)  
hungry_hippo Updated   
CME_MINI:NQ1!   NASDAQ 100 E-mini Futures
Chart Patterns Technical Indicators NASDAQ 100 E-MINI FUTURES NASDAQ 100 CFD
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chartpattern indicator nq1! ndx
Still overbought, but sorta looks liek a melt up
Comment:
Sector rotation out of small caps into tech again, if you update the chart, it's no longer overbought and regained the trendline.

Not feeling very bullish so staying out
Comment:
AAPL and a few COVID and chip stocks are the only thing propping this up. AAPL is keeping SPX from tanking as well.

Not very bullish, probably better to short small caps than trying to chase AAPL. If you're bullish though, I think AAPL will give better returns than QQQ.
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