@stelianx's post on eToro.com
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Markets are pushing fresh highs, with $SPY around $714 and the $SPX500 above 7,150. After a strong run, I'm seeing late-stage bull market characteristics worth flagging. This is my own reading of the tape, not a forecast.
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Daily RSI(14) on $SPY exceeded 70 brushing against overbought territory. $DJ30 $NSDQ100 sit 5 to 10% above their 50-day moving averages, and the last 20 sessions delivered double-digit percentage gains. Stretches like that historically tend to consolid...