https://realmoney.thestreet.com/art...-your-powder-dry?cm_ven_int=homepage-featured
Another Look at the S&P 500: Keep Your Powder Dry
Another item to point out is the oversold extreme seen from the slow stochastic indicator in the lower panel. Prices are oversold but that does not mean buy as markets can get more oversold and stay oversold for a while.
Afternoon trading October 16, page-3
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