The nearby chart shows that over the past 2 years, the market has gotten overbought and oversold numerous times.

10 Day Moving Average of Advancers vs Decliners (NYSE)
A-D OB OS.gif
Source: RedTech Research

Internals remain strong, and suggest that the rally has some room to run. Do note that Nasdaq stocks are closer to overbought levels than NYSE issues . . .

Category: Finance

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

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