Large ETF buying signals near-term overbought stock market. Too much buying is a contra indicator, states Lucas Downey of Mapsignals.com.
Sometimes trends get overdone in the short term. Record buying in ETFs signals that markets are due for a pause near-term. This is an ETF overbought oversold strategy.
Remember this is not personal investment advice of any kind. This video is for informational and entertainment purposes only. Our focus is to help investors make sense of markets with data.
To learn more about Lucas Downey, visit Mapsignals.com.
