
So - it is overbought - it's about time it came down - tell that to the market. :))
Well - one day very soon it will listen to us poor peasants.
The RSI is over 72 - the overbought level is seventy. The market won't be listening to us until it drops decisively below 70 - then we'll see a retracement. A correction? Unlikely - until we get into a seasonably favourable time for corrections. February at the earliest - probably April.
We shall see.
Cheers
Red
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