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Weekly Market Recap: Market Overbought In Short Term, Though Bullish Uptrend Still In Play

Wealthion - Be Financially Resilient

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Bollinger Bands: Technical Mojo Friday

On Friday, the market traded three standard deviations above its 50 day moving average. Historically, markets can't trade that deviated away from the moving average for very long before you get a correction. This is just kind of one of those indicators that suggest the markets kind of move too far too fast here. So if it just be a little patient here, wait for a pullback if you want to add some exposure to the market.

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