How long can we keep frothing upwards?
With stocks at “record overbought” levels, @crescatkevin explains why economic indicators are suggesting we’re on the verge of a selloff:
— TD Ameritrade Network (@TDANetwork) January 14, 2020
This panoply of over-bought technical indicators is worthy of our attention. Note how they have worked together in an over-valued, late-cycle regime to signal short-term tops. $SPX $SPY $ES pic.twitter.com/E2PFO0OvXt
— Kevin C. Smith, CFA (@crescatkevin) January 15, 2020