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$SPX closes above 4-sigma McMillan Volatility Band

Índice S&P 500 (SP:SPX)  
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SP:SPX   Índice S&P 500
Chart Patterns Technical Indicators Wave Analysis
4
0
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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.
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