Equities Boosted Further in Overbought Conditions

The market continues to absorb less than stellar news on both the earnings front and the economic front as the cash glut continues to find its way into equities.

The overall markets around the world today are overbought and will likely open up even more overbought.

Ideally we’ll see a 1-3 day reversal, something that has not been seen since the third week of June on this amazing run. The Volatility Model Portfolio has been enjoying this run as risk off is the name of the game right now.

The above excerpt is from Larry Connors’ Daily Battle Plan A professional-grade trading information service that will help you understand the quantitative metrics behind each day’s market conditions and how they point to selective strategies for high-probability trades.

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