The Big Money Index is overbought. This video explains the large buying under the surface to get us here, states Lucas Downey of Mapsignals.com.
Markets swing from one extreme to the other. We were oversold in October and now have reached a rare overbought signal. Near-term, stocks can be range-bound. But over the coming months, we expect higher levels for the market. History suggests this isn't a time to panic. A new bull market appears to be here.
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.
