Mid-week market update: Last week, the usually reliable S&P 500 Intermediate Term Breadth Momentum Oscillator (ITBM) flashed a tactical sell signal when its 14-day RSI recycled from overbought to neutral.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgsnhgDGvJYFAwV7_sD6Vq2AzvW4u2ccQdX67fwrISmQPZoz2nzgi0CPBnjROI6KxEsroA5CtMYjWdrbx-NadDPBRWlqRarVTY-hzeLEMCE1nbT7MfUY4cg69rw9Xa_ydTvbpSnM-GjLOaij6QFYzgaut6RXo3QjCFpklmsJ9fmZiiS_gsUK-xbOp58wA/w400-h240/ITBM.png)
It's time to sound the tactical all-clear in the aftermath of the sell signal.
The full post can be found here.