17:I[66739,["/_next/static/chunks/0.3dg.jzl0xwf.js?dpl=dpl_AKCjjFSX5DBQtwrUxMDn9jBjYq4C","/_next/static/chunks/05hx6kuf6-oy4.js?dpl=dpl_AKCjjFSX5DBQtwrUxMDn9jBjYq4C","/_next/static/chunks/0~heydqc5smtk.js?dpl=dpl_AKCjjFSX5DBQtwrUxMDn9jBjYq4C","/_next/static/chunks/0juapqyy99ga..js?dpl=dpl_AKCjjFSX5DBQtwrUxMDn9jBjYq4C","/_next/static/chunks/0n1.gwovf1vi..js?dpl=dpl_AKCjjFSX5DBQtwrUxMDn9jBjYq4C","/_next/static/chunks/06dn~uer6.43l.js?dpl=dpl_AKCjjFSX5DBQtwrUxMDn9jBjYq4C"],"default"] 19:I[38632,["/_next/static/chunks/0qqtp3r0h7kah.js?dpl=dpl_AKCjjFSX5DBQtwrUxMDn9jBjYq4C","/_next/static/chunks/0iukvycbd42rl.js?dpl=dpl_AKCjjFSX5DBQtwrUxMDn9jBjYq4C"],"IconMark"] 18:T530,

Charles Schwab's Nathan Peterson says the "really encouraging" tone in the market opened the door for a bull run. While RSI in indices and Mag 7 stocks show overbought indicators, he makes the argument for a run even higher. Nathan says data needs to "give us a reason" to show caution to reignite economic fears and reverse course of price action. He later turns to moves in Bitcoin and Ethereum.

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Markets Overbought Short-Term, Move Higher Still Possible

Schwab Network

Markets Overbought Short-Term, Move Higher Still Possible