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This Metric Shows Stock Market Odds In 1 Month 

By: capt_nemo in POPE 5 | Recommend this post (1)
Fri, 22 Nov 19 6:19 AM | 52 view(s)
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As of Monday’s close, the S&P 500’s 14 day RSI (relative strength index) hit 75.2 which is the highest of the year and the highest reading since the peak in January 2018. As if we needed more metrics to show the market is overbought, the chart below shows the S&P 500’s divergence from its 200 day moving average in relation to its one month forward returns.


LONG one,,,,,,,,,,,

http://www.investmentwatchblog.com/this-metric-shows-stock-market-odds-in-1-month/




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