The GS signal shows that the market has been overbought several times at the year-end. If we take a look at the whole year’s performance of this indicator, it went over 70, six times before November, as stocks slumped after it reached the threshold. http://bit.ly/2Q1m2DK pic.twitter.com/RVnJZymrXw
6:39 PM - 27 Dec 2019
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