Market Outlook 01/21/21 & Swing Trade
Markets broke today after a failed breakdown last week. /NQ had a massive rally to new all-time-highs and walked over all shorts in the market. And while yesterday was a big move, it wasn’t capitulation yet.
Expecting /ES to be range bound or bullish today with possible dips to buy.
/ES daily however is getting overbought around 3860s which should be resi…