Mid-week market update: The SPX has staged an upside breakout to new all-time highs and indicators are looking overbought. Now the key question for traders is whether current conditions represent an extended market that`s ripe for a pullback, or does do these conditions represent a "good" overbought condition that accompanies a momentum surge, which leads to a Fear Of Missing Out (FOMO) rally?
The full post can be found at our new site here.
If you found the above post to be of interest, come over to the new site and check out our track record. We have something for traders and investors alike: