Heading to Oversold Country
It is curious the way the market finds its own reasons to rally or sell off according to the indicators.
Two weeks ago, when we were still oversold, but heading toward an overbought reading, the German courts agreed with the ECB's bank buying program and the Fed announced its open-wallet policy. Now here we are two weeks later, having gotten overbought on Sept. 14, completing a round trip from that news....451 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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