Stocks Are Now Overbought And Ready To Pull Back On August 31
August 30, 2021 at 21:45 PM EDT
Stocks finished the day mostly higher, with the S&P 500 up roughly 40 bps. Despite the positive day, the advance/decline line fell and has not confirmed any of the new highs for the S&P 500 since the A/D line peaked at the beginning of July.
