Enjoy the stock market's rally — but watch out for these overbought indicators

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  Posted by Two Blokes Jul 17 - Filed in General - #TwoBlokesTrading  - 7 views
  
  The S&P 500 index SPX+0.41% chart is strong and the market internals — while overbought in some cases — generally remain positive. There is now resistance at 6,300, while several support areas are evident: 6,200 (this week's low); the previous highs at 6,150; the gap at 6,020 to 6,060; and down to 5,920.