S&P 500: "Back to Overbought" (SPY)
From
Bespoke Investment Group:
Below is our trading range snapshot for the S&P 500 and its ten
sectors. The Neutral (N) line represents each sector's 50-day moving
average, while the white shading represents between one standard
deviation above and below the 50-day. Moves into the red shaded areas
are considered overbought, while moves into the green shaded areas are
considered oversold. For each sector, the black dot represents
where it is currently trading, while the end of the tail represents
where it was trading one week ago....MORE
