A correction occurring in the next few trading days is likely:
Confluence factors: + Put call ratio of 1.31 on Jun 18th, the last 3 times this has happened the market has sold off and has been overbought on the oscillators. + Indicators show overbought + bearish divs. + UVXY has sold off heavily and is likely to rebound soon. + The NAS100/QQQ did not hit it's previous highs and did not make new ones, only the full NASDAQ composite made new highs.
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