It’s Official: the Dow is More Overbought Than at the Peak of the Tech or Housing Bubbles

Friday, December 16, 2016
By Paul Martin

by Phoenix Capital…
ZeroHedge.com
Dec 16, 2016

The markets are priming for a major inflection point.

I cannot remember a time when investors were more bullish. The Dow is currently more overbought (based on the 14 day relative strength index) than at any point in the last 20 years.

That includes both the peak of the housing bubble and the peak of the Tech Bubble.

THIS WILL HIT BEFORE THE END OF JANUARY.

The Rest…HERE

Comments are closed.

Join the revolution in 2018. Revolution Radio is 100% volunteer ran. Any contributions are greatly appreciated. God bless!

Follow us on Twitter