Overbought Market #SPY #IBB #DIA #XLF #IWM #SOX #QQQ #XRT

Kristin Alonzo

08-Oct-2017 20:53 PM



The stockmarket has been on relentless record highs print since November 2016. Pull backs were minor not exceeding 5% on major index. As of October 6, 2017 closing, major indices across the board has overbought reading.

Next week, Q3 earnings season kicks in. Full schedule

Below are group chart of ETF's. 2months timeframe with 20 and 50 daily moving average.

Add Your Comment

Please select phase first
Disclaimer! This is NOT an investment advice. The data result herein is purely speculation only. You must do your own due diligence and mitigate your risk. You acknowledge that will not be held responsible and accountable for any losses you may incur using our Biotech Data Calculator. Please consult your own financial adviser before executing trades.