The Bears Blew It

The market has been overbought for the past three days and all the bears managed was a sideways market. The bears were on offense and failed to put any points on the board. On Monday we will no longer be overbought. If the bulls manage a rally next week we will get a better overbought reading at the end of the week. We also might see more sentiment indicators get to extremes. Have a great weekend.

 

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