Severely overbought

The other day I posted about the current upswing we are in. We've now extended to the biggest swing including two piece moves since the first push lower in August

This puts us into the "severely overbought" stage, but that doesn't mean we can't go higher. There is a possibility we get crow-barred, but never underestimate momentum when its on a run, it can extend much further than you would first think.

I hate to sound perma-bullish here, but this swing has to exhaust itself before it's going to get a pull in.

Could that be today? Absolutely, but there's no use guessing if it's going to be.

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