Key Overbought Threshold for the Stock Market In Time for the Holidays – Above the 40 (December 11, 2020)
Stock Market Commentary A week ago, the stock market stretched into an extended overbought rally. The stock market proceeded to relax from that stretch. Yet, the breadth indicators barely budged and allowed the overbought rally to reach a key overbought threshold and test of the extended overbought rally. The overbought period reached 20 days in … Read more