$Invesco QQQ(QQQ)$ $SPDR S&P 5

$Invesco QQQ(QQQ)$ $SPDR S&P 500 ETF Trust(SPY)$ $iShares Russell 2000 ETF(IWM)$ A lot of names are getting close to very oversold territory. NASI RSI is near the lows. Daily RSI is dropping below oversold levels, and the weekly RSI is hitting its lowest point for only the 5th time in the past 3 years. Shorting here would seem foolish. Some beaten-down names in utilities and financials should see some bounce.

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