Another short term overbought...

From the comment of the last post I was looking for a short term rally but a bigger move back down before making a bottom. Well, did get the rally but the move back down was minor as the next move afterward was higher and now has the major indexes getting back toward their highs of the year. Presently the stock market is short term overbought though I have the trending momentum still up. Hard to tell from here but I if I had to trade on the upside there is a bit more risk so a very small position is advised but at the same time a small short position isn't out of the question too.