Overbought but not done correcting

The S&P 500             is having a tough time getting a bid. We go almost a whole year with no upside and then we get sold off.

These levels look pretty solid but we continue to look for some downside. If today is any indication, we gapped up and held on tight into the close.

It is worth noting the S&P 500             is oversold at these levels, so trading may become little tighter in coming days as more buyers and sellers move into the market

We wrote about SPY             , CL1!             , and TLT             in our market snapshot!


The Enhancing Capital Team
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out