|Ticker||Relative Strength Index (14)|
I have no idea what the current IBD market status is (they didn't say on yesterday's video, and I have not seen today's paper), but at best I would say "market under pressure". Some parts of the market have already entered a correction, and the other parts will probably follow. So far I'm not looking for a really big one, since the Fed is already hinting at intervention.
I will have the new highs update shortly.