Mid Day Market

The markets have gotten a little jig this morning on what appears to be lower oil prices. However, the 2 day Relative Strength Index of the major market ETF's (SPY QQQQ IWM), are now over 90 ( more on this indicator in a future post) . That usually means it's a good time to sell. Couple that indicator with the stretched Volatility Sisters ( to the oversold areas) and it looks like the markets are due to pullback.