When ____ of stocks are trading above the 200-day moving average, the market is considered ____ and subject to a ____.
A) 20 percent, oversold, negative correction
B) 80 percent, overbought, negative correction
C) 80 percent, oversold, positive correction
D) 20 percent, overbought, positive correction
E) 0 percent, overbought, positive correction

Question

Quizplus · Accepted Answer

When 80 percent of stocks are trading above the 200-day moving average, the market is considered overbought and subject to a negative correction.

When ____ of Stocks Are Trading Above the 200-Day Moving