The key question then becomes, "Is the correction thesis dead?"
The full post can be found here.
From oversold to overbought to...
March 13, 2019 at 16:54 PM EDT
Mid-week market update: In my last post, I suggested that the stock market is headed for a corrective period, though a short-term bounce was possible this week because of its oversold condition (see Correction ahead: Momentum is dying). The market has staged a remarkable recovery this week by surging to test a key resistance level and readings are now overbought.
The key question then becomes, "Is the correction thesis dead?"
The full post can be found here.
The key question then becomes, "Is the correction thesis dead?"
The full post can be found here.
