The Next Oversold

Since the overbought/oversold readings have been working well lately I will point out that we are unlikely to get a good oversold reading until around expiration. We will get a weak oversold reading on Tuesday.

Helene Meisler on is the expert on this subject and I would highly recommend reading her columns. I have been following her for over a decade and started keeping the stats myself three years ago.

1 comment:

Anonymous said...

I would agree that she is better than most but not worth paying for 1 article a day.

Besides, you read her and seem to agree/post what she says anyway.