The Traderszone Network

Published in TZ Latest News 19 November, 2015 by The TZ Newswire Staff

Waiting on the Short-Term Indicators

After the recent bounce off of the September high for the SPY, its short-term indicators finally began to move out of oversold territory. They are only neutral now. I’m looking for these indicators to move into overbought territory. Somewhat overbought territory is fine as this rally appears to be petering out already. It is the short-term indicators that are keeping me short-term bullish right now.

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