A Bull Market That Shows No Sign of Ending Soon
Even though the markets feel overbought, they are not. The major US indices come into the week with ConnorsRSI readings in the 60’s and many country funds ETFs are in the 40’s and 50’s. A continued rally early in the week would be no surprise. The one caveat is volatility which is near one year lows. But, as we have been all along, this is a bull market and one that shows no sign of ending soon.