Overbought Conditions Continue

We are extremely busy here and will keep this commentary short tonight. This market except for the Nasdaq is really extended and it would not be surprising if we see some consolidation ahead of the Federal Reserve meeting concluding Wednesday. It would be a huge positive if we did see the market take a rest. The 10 moving average is a short term moving average to keep an eye on here. Another solid session today and given the gains we have there is no reason to complain.

We hope you have a great weekend!

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