Miner Company
S&P 500 Is Still Overbought
Although the index is lower to round out the week, the S&P 500 repeatedly reached more record highs recently. Of the 24 consecutive sessions in overbought territory, the past 23 have seen the index close at least 1.5 standard deviations above its 50-DMA.
Although the index is lower to round out the week, the S&P 500 repeatedly reached more record highs recently. Of the 24 consecutive sessions in overbought territory, the past 23 have seen the index close at least 1.5 standard deviations above its 50-DMA.