Oversold and Overbought


Obviously, markets need to balance out overbought in consumer staples and healthcare and oversold in energy and consumer discretionary.

Overall condition is still weak. There were many actions from government to fight with both corona virus and trouble economy. But, bad news from outbreak and economic slowdown are coming in every moments.

So, stock markets are unsettled just like everyone else. Volatile markets are expected in recent weeks.

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