The S&P 500 is more over-bought today than the prior two bear market rallies based on the percent of stocks above the 50 DMA. Great setup for selling if one believes this is only the beginning of a bear market.
The S&P 500 is more over-bought today than the prior two bear market rallies based on the percent of stocks above the 50 DMA. Great setup for selling if one believes this is only the beginning of a bear market.