$SPX closes above 4-sigma McMillan Volatility Band
Add this to your list of overbought indicators. We constantly remind our readers, "overbought does not mean sell". If you're looking to short, patience is key in these environments. The market can remain overbought/oversold for very long periods of time. An MVB sell signal will occur whenever 
SPX closes back below the 3-sigma band.
SPX closes back below the 3-sigma band. 
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