Short Term Alert: Overbought but still more upside?

With today's rally the stock market is reaching what is technically short term overbought levels. But there is hints of potentially more upside due to the oversold nature from last few weeks. That's the positive story I'm reading here. To counter, the negative story is that all that work to move higher since last week hasn't been as strong thus far compared to last year's short term rallies. Overall for the short term picture, I'm expecting higher prices for this week but use it as opportunity to do some selling of existing long positions.