Goldman: Upside massively under-priced

Strongest, fastest

NDX is now up approximately 18% over the past 17 sessions marking one of its strongest and fastest rallies in the last 20 years. The move began from deeply oversold conditions, with the 14-day RSI bottoming at 23 (its lowest since Q4 2018), and has now surged toward overbought territory, with the RSI currently near 61. Let's have a look at the tactical back-drop as we enter this week.