Markets Are Overbought — Time to Get Even Longer

Listen to me now. Exodus is flagging overbought. This is our best signal that predicts higher stock prices over the next 10 trading days. I know the word “overbought” invokes risk aversion, but it shouldn’t. It simply means markets are hot and if recent history is of any use — it means we’re going higher.

Here’s the data.

For those unsuccessfully trying to access the Exodus free trials, we are working on fixing the logic in the system. At the present, it rejects anyone who’s registered, but I am changing that to anyone who hasn’t accessed system over past 6 months.

This fix should be in effect by today, latest Monday.