technical analysis

The support that I'm watching is in the $73.49-$74.46 area.
Pay attention to the iShares Russell 2000 ETF.
The last time it was over 200% for so long the market nearly crashed.
The euro and yen are incredibly stretched in the very short term.
But you might want to practice some patience.
Consider these technicals before you jump in.
A pullback over the next week should set us up for one.
Volume has been pitiful of late.
My concern is that the overbought condition is too obvious.
Trading conditions are strong but not easy.

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