Another weekend staring at charts... It's frustrating when you can't act on anything. I'm thinking about that breakout above 5250, but the RSI is screaming overbought. Might need to see a pullback before considering any moves. Just have to wait and see how Monday opens.
Update: that Iran news complicates things. Safe haven demand might override the overbought RSI. A gap up is almost guaranteed now. The question is, how high? Could be a good opportunity to short if it gets too frothy, but need to be quick with the SL.
