%Stocks Above 20-50-200-Day Moving Averages
January 19, 2013 - 1:03pm
Price action on the following three charts confirms that stocks are, indeed, at or very near their extreme overbought levels, as I mentioned in my post of January 18th...not only in the shorter term, but also in the medium and longer terms, as well.
Equities could be in for a meaningful pullback soon.
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