S&P Oscillator Is Starting To Look A Little Overbought

We’re actually starting to creep very slightly into overbought territory on the S&P oscillator that I follow.  It’s not terribly overbought but it does warrant caution and I would consider taking some off the table if you were fortunate enough to catch the last bounce.  No one ever loses money taking profits.

S&P Oscillator

S&P Oscillator

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