Oscillators Extremely Overbought…Market Very Strong…..

We are in a bull market. This isn’t news to anyone by now. We’ve been in from the lows and have ridden this puppy all the way up. However, there comes a time in the evolution of a bull market where you have to start reining it in. It doesn’t mean you can’t be in some or in good set ups but it does mean that entering more plays from this point forward carries extreme risk for the short term. Not the medium term, the short term. The S&P 500 broke through 1151 today with some decent force and


Comments

Comments are closed.