Tag Archives: market correction

Market Overbought – But Wait for the Trend Change

I introduced the concept of market breadth in a post titled “The Secret Weapon of Technical Analysis.” Based on current breadth readings, the equity market is overbought and due for a pullback.  However, trading against the trend has a low … Continue reading

Posted in Market Breadth, Market Commentary, Market Sentiment, Technical Analysis | Tagged , , , , , , , , , | 4 Comments