The indecisive signals in the indexes in the overbought condition produce expectations of a reversal. This is evident in the NASDAQ. These market conditions warrant moving back to cash if positions are not showing good evidence of bullish trends. The bearish positions are working better.
April 24th Daily Market Comments
The indecisive signals in the indexes in the overbought condition produce expectations of a reversal. This is evident in the NASDAQ. These market conditions warrant moving back to cash if positions are not showing good evidence of bullish trends. The bearish positions are working better.