Markets: oversold, overbought and now what?

Posted: July 14, 2016 in Uncategorized

Well…amazing whipsaw and now the US Earning Season kicks off.

Only three times in history the US showed an oversold to overbought condition in 10 days (5 standard deviation – courtesy of Bespoke Investments).

Let’s hope history repeats as in those three cases the SP500 was up in a three, six and one year timeframe.

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