Technicals for today

All the markets are heavily correlated right now. Its gotten pretty ridiculous. That said, there were no signs of price weakness on Friday... all closed above their daily pivots and 3 day pivot ranges. (All 4 Stock Index eminis, Crude, Copper, Aussie Dollar, Yen (reverse of others). I have noticed divergences in many 'risk' markets with their sensitive volume oscillator, but none of these have given any price confirmation to the downside. Its all overbought.... but these markets are not behaving in a manner that notices 'overbought.' There is a big short squeez on, and its as bad a one as I have seen. We'll look at things again after the close.