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Not such a positive start expected for US stocks today- Check the Dow Jones futures

The US equity futures are all still in the red this afternoon, ahead of the opening at 2.30pm GMT. There has as of yet been no rebound for the Nasdaq 100 or the Dow Jones futures and since my last update, the prices have actually fallen back more. The Dow closed last night at record 37,557, down just a handful of points from the new all time record high it set, at 37,562. The index had opened earlier in the day, at 37,311. So, the gain of 251 points on the day stretched the 14 day RSI even closer to the 90 handle as of the close last night. The futures price is indicating a reopening at below 37,500 this afternoon. So, it is not certain by any means to press onwards and upwards again later. 
 

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