Market is Due for a Pause/Pullback

  • July 7, 2014
  • Larry Connors

We’re in rare air overbought conditions coming into the day with over 100 S&P 500 stocks having 2-period RSI readings above 95. Outside of the interest rate sensitive stocks, the market is due for a pause/pullback within a day or so.

Today’s Potential Opportunities on Further Pullbacks:

ETFs: IYR

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