Is the market extremely overbought now?

Discussion in 'Trading' started by crgarcia, Mar 23, 2007.

  1. Some technical indicators say so, that a -small- rebound is to come right now.
  2. Do you mean oversold?

    Why would there be a rebound if it was overbought?
  3. Overbought

    Oscillators like Williams %R, Stochastics, StochRSI, are in the top area, meaning they are overbought and prompt to a -small and temporary- reversal.