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Overbought
Monday, August 20, 2012 22:00
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Piker Signals flashed overbought on Friday the last 3 times there was a slight drop in the market. This is not necessarily a short signal but a Long Overbought signal. Regardless it shows sign that supply is heavily tilted to the long side.
Check out the Piker Signals Returns . Using the Piker Signal system the last trade was short on 6/20 it is sitting on a 4%+ loss.
2012-08-20 21:56:48
Source: http://www.pikertrader.com/overbought-3/?utm_source=rss&utm_medium=rss&utm_campaign=overbought-3
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