A.M. Update – 1-Day Overbought Internals
S&P futures are down -0.3%, fading an earlier gain of +0.5%, and Nasdaq-100 down -0.45%. Yesterday’s internals were 1-day overbought. We rarely get 1-day overbought or oversold internals, maybe once a month. We’ve had either 4 of 5 days this week due to the high market volatility. There is no top-tier US economic data today….