This recent rally in world markets have taken respective stock markets to new highs. However, the trajectory of the climb is indeed worrying. RSI is entering overbought territory on the Weekly SP500 charts. ADX is cutting the +DI soon. In my opinion we should be anticipating a correction for the first quarter of next year. Happy holidays to all.
Founder & Sole Employee of InvestmentMoats.com . Senior Solutions Specialist at Fee-Only Advisory Firm Providend by day. Blogger by night. Active Stock Investor for 15 years. SG & HK Mkts. Pursues Financial Security & Financial Independence. Reached Financial Independence at 38. Facebook , Twitter. More on Kyith ...
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