Stocks above 200 days indicator has signaled overbought readings that lead to market pullbacks. I like to be more defensive in the coming weeks and looking for short entries via index puts with
VIX at these low levels as well.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.