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Already running away, no logic In a "mid-bull" market, looking at a single indicator, overbought is never a reliable signal. The market can be overbought and then overbought, and FOMO can be followed by FOMO: "The market can be irrational for a long time. The degree of irrationality can be very high, until the last short seller surrenders because he cannot afford the margin." The significance and reliability of "oversold" will be much greater than that of "overbought" Recently it reminds me of the previous "zoo" twitter.com/sun_xinjin/status/...

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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