Overbought Sectors

Here is a list of sectors with the highest stochastic readings. I use this information for three setups:

1. To find sectors with good chart patterns and await a pullback for entry

2. Find sectors with bad chart patterns that are bouncing to resistance and ready to short.

3. Find topping patterns in overheated sectors.

Advertisement

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Blog at WordPress.com.

Up ↑

%d bloggers like this: