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A Few Short-Term Overbought Situations?

  • Written by Syndicated Publisher No Comments Comments
    July 4, 2014

    Just a few situations that seem short-term overbought above key moving averages:

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    Short-Term patterns still tracking.

    The ‘monthly strength period’ (last two trading days of month and first four trading days of following month), was due to begin Friday and to run through next Monday.

    So far, right on track.

    Check subscriber area for next pattern.

    To read my weekend newspaper column click here: A 2nd Quarter GDP Bounce-Back May Not Be Bullish!

    Images: Flickr (licence attribution)

    About The Author – Sy Harding, Street Smart Report

    Sy Harding publishes the financial website Street Smart Report Online and a free daily Internet blog at Sy’s Free Blog. In 1999 he authored Riding The Bear – How To Prosper In the Coming Bear Market. His latest book is Beat the Market the Easy Way! – Proven Seasonal Strategies Double Market’s Performance!

    It includes our research and analysis on the economy and markets, and provides charts and buy and sell signals on the major market indexes, sectors, bonds, gold, individual stocks and etf’s, including short-sales and ‘inverse’ etf’s.

    It provides two model portfolios as guides. One is based on ourSeasonal Timing Strategy, one on our Market-Timing Strategy.

    In depth updates are provided every Wednesday, with interim ‘hotline’ updates every time we make a trade. An 8-page traditional newsletter Street Smart Report is provided on the website every 3 weeks, in pdf format for viewing or printing out.

    There is the Street Smart School of online technical analysis ‘seminars’,commentaries to keep you ‘street smart’ about Wall Street, and much more. 

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