A Perfectly Logical Pullback
Yes, I realize folks will be concerned about Wednesday's market reversal. But let me once again run through some of the statistics here, as these should help you to understand why the reversal occurred -- or at least why I think it occurred.
As measured by the Oscillator, the market is overbought. Not only that, but the Oscillator is at a lower high -- against a higher high in the S&P 500. That is the first negative divergence we've seen in this indicator....439 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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