The short term indicators are above it, and I am frankly tired of saying they are overbought like a broken record. However, like all things, this too shall pass.
Now the McClellan Summation Index, its RSI and TSV show us the same thing. However, this shows there is some room to the upside still on the RSI, but only about 10 points.
"The Wheels of Justice turn slowly but exceedingly fine."Sun Tzu