Market Notes

Overbought and Overconfident? What the Tape's Internals Are Flashing Beneath the Record Highs

· 4 min read · by Tom Bradley, Nova Ventures Research

The Dow's win streak is wobbling at midday just as RSI readings on the major averages push into overbought territory near 75. But breadth tells a healthier story than the oscillators alone — here's what the internals are really saying.

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