“Overbought? Sure. But That’s Not the Signal You Think It Is.”
Let’s cut through the noise — yes, momentum looks stretched, but that doesn’t mean it’s over. The crowd sees “overbought” and thinks reversal. Pros see continuation setups and prepare accordingly.
This morning was macro-heavy, but that’s exactly what you need when markets are pushing limits.
What I’m Watching:
Momentum Is Stretched — But That’s Opportunity
- Overbought doesn’t mean over — it means we need a plan, not panic.
- I laid out where the “line in the sand” sits and how to use it to manage upside risk.
Checklist Discipline Before 9:30 AM Is Everything
- If you’re still forming a thesis after the bell? You’re late.
- Pre-market flow tells the real story — that’s where the edge begins.
Want my macro checklist and how I’m reading this overbought tape?
Shoot me a message — I’ll show you exactly how to prepare before the bell even rings.
Until next time,
Garrett Baldwin
TheoTRADE
