the 60 min stochastics are oversold on this chart. <a href="http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID897936&cmd=show" target="_blank">http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID897936&cmd=show</a>[s62084118]&disp=O look at the bottom chart for the 60 min nasdaq, holding shorts overnight can be risky when it is oversold. edit - sorry click on page 2 for the nasdaq 60 min chart.