Overbought, but there's still catch up to be seen- Stock Market Analysis for week of July 15th, 2019
The market is overbought! Well, at least on the ultra-short term.
Aaaaaaand...we're at new highs for 60% of the major indexes.
Does this mean we pullback?
Not necessarily, but it makes it difficult to enter a fresh broad market position.
And what about the Russell 200 and Midcaps?
Well, they have to play catch up...or not.
Does it sound like I'm unsure? Good, because I am!
Find out more in the video.
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https://AttackTheMarkets.com and the Facebook group at Facebook.com/groups/AttackTheMarkets
Peace and love,
Michael "tiny" Saul