Internals are strong and increasingly so, although that last volume peak has price taking pause. It's easy in hindsight to see yesterday as consolidation -- but this last up-move puts us into better defined overbought territory on the daily time frame. It will be curious to see whether and how authoritatively we can break the August swing highs just about here.
Those with Firefox browsers can see the "battle" between my live intra-day sentiment indicator and short-term overbought/ oversold oscillator to the right. More on these when I figure out how to make them cross-browser compatible.
01/23/2017 Market Outlook (Range Low)
4 hours ago