OBOSS is slowly returning to the neutral zone. As the market re-balances we are finding buying opportunities in high quality stocks. There is plenty of room for the market to move lower and further reset the previous over bought condition, but we are also at a point where strength can take the market higher. Often the market will hang in one zone for a long time as strong trends develop.
This is a good time to be alert for weakness in the market, but give your winners room to run. If the market moves very sharply to the upside, considering taking some profits.
