Market Intelligence

Overbought, period!

Author: Aleksandar Adamovic ● February 20, 2019

Overbought can stay overbought, but RSI readings like the one we are just seeing has been followed by the SPX selling off.

Source, Bloomberg

For you
iFOREX: Your Ground Control for Index and ETF Trading
You may believe that a new kind of pharmaceutical drug is certain to take the market by storm, but when…
You may believe that a new kind of pharmaceutical drug…
Axia’s New Offer: Enroll Now, Pay No Overnight Fees for Seven Days
Markets have shown increased volatility in the past few weeks, mainly due to the asymmetrical effect that the new Omicron…
Markets have shown increased volatility in the past few weeks,…
Make or break?
There are so many narratives currently, so it is hard to observe and follow them all. The global macro picture…
There are so many narratives currently, so it is hard…
Go with dividends
What is in common for a trade war, global politic tensions, worlds economy slowdown, and Trump’s tweets? If we ad…
What is in common for a trade war, global politic…

Featured articles

DXY at Huge Levels
DXY at Huge Levels
The USD has been hammered rather big over past sessions. The DXY is trading below the 200-day average and is…
Silver is soaring- Time for a reversal?
Silver is soaring- Time for a reversal?
Silver (XAGUSD) has soared to the highest point since March amid a rise in prices of precision metals.  Currently silver has…
Chasing Highs?
Chasing Highs?
Markets surged in early trading today, but DM indices have all been giving back most of the gains throughout the…
China – Time for Bargains?
China – Time for Bargains?
The Trade War is becoming almost like yesterday’s news. We are increasingly getting the Brexit news feeling, constant headlines, but…

Categories

For you
iFOREX: Your Ground Control for Index and ETF Trading
You may believe that a new kind of pharmaceutical drug is certain to take the market by storm, but when…
You may believe that a new kind of pharmaceutical drug…
Axia’s New Offer: Enroll Now, Pay No Overnight Fees for Seven Days
Markets have shown increased volatility in the past few weeks, mainly due to the asymmetrical effect that the new Omicron…
Markets have shown increased volatility in the past few weeks,…
Make or break?
There are so many narratives currently, so it is hard to observe and follow them all. The global macro picture…
There are so many narratives currently, so it is hard…
Go with dividends
What is in common for a trade war, global politic tensions, worlds economy slowdown, and Trump’s tweets? If we ad…
What is in common for a trade war, global politic…
© 2024 AskBrokers.com