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Do you suspect the stock market has peaked for 2022? These 4 clues will tell you if you're right.

Por: MarketWatch Business December 08, 2022

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Here are four clues you can use to identify market tops:  1. RSI (Relative Strength Index): One of the most reliable indicators to identify market tops (and bottoms) is RSI, a favorite of many traders. On a daily chart, if RSI is at or near 70, it is considered overbought: the odds are good that the S&P 500 will reverse direction. Conversely, if RSI is at or below 30, it is considered oversold, and the odds favor a move to the upside.   When... + full article



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