breadth is nice and strong, although still not the levels we've seen recently(like Monday) when we get rip roaring days
Cycles (short term intra-day) suggest we could see a pull in here, but fighting the trend with breadth backing it up can be a tough road. Right as I'm typing this, I got a bearish divergence almost immediately followed by a bullish one on the volume momentum indicator that I use.
Yes we are overbought. yes the most devious thing is to trap the late comers into the move. Neither of that matters if the buyers continue to keep stepping in on dips as they have been doing today.
I'm running out for a bit but will try to be back for the last hour.
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