Markets continue to move higher despite the over bought conditions - SPX +4, NAZ +12 and DJIA +32.
Strong sectors- nat gas, gaming, internets, retail, silver and reits while junk, banks, brokers and homies lag.
NYSE- 900 net green;
NAZ- 700 net green;
NDX- 67 GREEN;
SPX- 328 GREEN;
VIX- down 2% at 25.17;
TRIN- 1.39 with up volume about 1.5x the down.
Gold higher by $4 at $1001- dollar down about .5% at 77.35 while the EURO is almost 1% against the dollar.
RSI 2 levels above 90 on most major indexes - with the NDX/NAZ the most over bought- nat gas picking up the steam as the big sell down over the last few weeks is finally getting bought-
Everyone waiting for the September sell down and it still doesn't show- and many of the usual short folks continue to lose money waiting for the top- not anxious to call it here.