Tag Archives: Relative Strength Indicator

Most Overbought and Oversold Markets

Posted on January 13, 2013 by macromon

Asia x/Japan equities began to to work off overbought conditions. Japan’s Nikkei continues to reprice higher on weaker yen. Italy’s MIB and Spain’s IBEX experiencing the “positive contagion”  from Eurozone sovereign spread compression and now approaching an 80 RSI. Profit … Continue reading →

Posted in Monetary Policy, Technical Analysis | Tagged , , , | 2 Comments