There are not too many time recently that the Key Reversal Indicator (KRI)has moved to level 5. This is telling us that there is quite a bit of excess froth from buying pressure that has recently built up.
Market Overheating
The overall market, as measured by the KRI algorithm, is...
The KRI Indicator is right on the zero mark which is the point at which we say that markets are in equilibrium. When this occurs the prevalent trend is still underway until a significant move one way or the other takes place.
That being the case, we will look for a...
We wrote about the levels on the Key Reversal Indicator earlier today and now have an update as the level increased with today’s market action to a 4. This is the area where we will often see a turn in trend to relieve the excess buying or selling pressure.
When it...
The Key Reversal Indicator (KRI) has only flashed a confirmed overheated or oversold condition twice this year. Each time it was met with a quick reversal of trend and then the uptrend continued. These days. buying the dip is in vogue and there is not much that has dissuaded buyers...
It has been an interesting start to the year as volatility has dropped and buyers have thus far been buying every dip, no matter how shallow or deep. The Key Reversal Indicator (KRI) has not shown any significant areas of concern toward oversold or overheating so far.
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