July 23, 2010

Is The S&P 500 Overbought Or Oversold?


According to this study from Bespoke Investment Group, the S&P 500 Index is now trading at "Neutral" territory, after bouncing from oversold conditions over the last few sessions.

Related ETFs: SPDR S&P 500 ETF (Public, NYSE:SPY) , SPDR Dow Jones Industrial Average ETF (Public, NYSE:DIA), ProShares UltraShort S&P500 (ETF) (Public, NYSE:SDS), iShares Russell 2000 Index (ETF) (Public, NYSE:IWM)

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