When ____ of stocks are trading above the 200-day moving average, the market is considered ____, and subject to a ____.
A) 20%, oversold, negative correction
B) 80%, overbought, negative correction
C) 80%, oversold, positive correction
D) 20%, overbought, positive correction
E) 10%, overbought, positive correction

Question

Quizplus · Accepted Answer

When 80% 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