While it may seem as though there is a seriously overheated situation within the current markets, the Key Reversal Indicator is starting to show signs that Markets are Overheating. While it does show that there is potential for downside from here, we would prefer to see a reading over 3...
While it may seem as though there is a seriously overheated situation within the current markets, the Key Reversal Indicator is showing a reading of Markets in Equilibrium. That does not give the all clear signal to buy (or sell) at this point. Potentially, it is simply a resting area...
We have been watching for indications that markets are moving toward an overheating status. As we have discussed previously, when either there is too much optimism or pessimism, there is often an over-reaction and then a corrective period or quick reversion if you will.
To get a better read on this,...
Last week, we saw a rather significant oversold condition for markets (S&P) as the non-stop selling continued. It finally pushed the KRI indicator to a level that has historically been when a contra-trend move was ripe to make adjustments.
When the trend has been down, this means hedging out short positions,...
Just an early warning and a much needed discussion of the situation that we have right now. So many have been talking about the markets being oversold for weeks now. However, we have been tweeting and writing that we were in disagreement with these comments as a simple RSI or...
