A glance at a daily priced chart of the Dow for 1987 is instructive in that clues to an overvaluation prior to October were evident from "momentum indicators" such as the "relative strength index," shown in the lower panel of the chart. Note the pink shaded area which highlighted an over-valuation warning........to continue just follow the LINK
Almost done…
We just sent you an email. Please click the link in the email to confirm your subscription!