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S&P 500
5,487.03
(
0.25%
)
US TECH 100
19,430.40
(
0.14%
)
Dow Jones
38,834.86
(
0.15%
)
Brent Oil
84.70
(
-0.11%
)
Bitcoin
64,954.52
(
-0.28%
)
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ahimsak

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ahimsak

Re: ahimsak post# 35686

Thursday, 08/27/2020 5:05:06 PM

Thursday, August 27, 2020 5:05:06 PM

Post# of 37918
What is very strange, is how stocks are flying higher, very overbought on price, but the a/d numbers are actually very oversold.

Never have seen this in 35 years of watching the markets. Does it mean we can go a lot higher after a bit of sideways action next week, or are we at an important top?

Fed is going to prop up the markets at least until the election, that is for sure.
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