Chart: Overbought Market Indicated by Momentum Oscillators

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Anecdotally you probably believe that this market is pretty overbought – here’s some convincing further evidence, presented by technician Carl Swenlin.  It’s not a guarantee of price declines, but as Swenlin mention, it should be a reason to exercise caution on the long side of this market… Very Overbought Market by Carl Swenlin One of […]

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