Overbought Conditions Stay Nimble. DeMARK scans and relative charts.
Short term, we are back into an oversold situation on the market. I am looking for some kind of retest to the 9/20 EMA which is lining up around 383 for now. As long as the bond market stays bid, crypto is bid and rates do not accelerate to the upside, we should continue to see the 13 upside sequential count complete as we qualified upside risk level br…