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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: JMTrader who wrote (188556)7/27/2023 9:58:47 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 220927
 
Nothing goes straight up and the momentum has weakened while still way over done, so it would make sense that we could see some reset...

Take a look at the RSI index and the daily price chart, we can see that a reset seems likely soon...

I suspect even the energy markets may have topped out for a while...

EVERYTHING is way ahead of itself with these markets...



GZ