It was a strong follow through in SPX. Fundamental hasn't changed much but suddenly after a strong pullback it is bouncing back. Many medium stocks are jumping in this market. Overbought-oversold ratio has been going positive in last three days which shows the strdngth in the market and many stocks are making higher highs....
Looking for long sets can be a good idea for short term...... but at the same time I find many shorting setups as well...
Many stocks which went up high they are coming back to test their low point with little bearish action.... not really happy but still choppy market and can't take too much risk in this market....
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