Labels:text | screenshot | font OCR: Williams %R is very similar to that stochastics oscillator except that ZR is upside down and the stochastic oscillator has internal smoothing. Read- ings range from 80 to 100% indicating the market is oversold while readings the 0 to 20% range indicate the market in is .overbought. Like many oscillators, this indicator can stay overbought or oversold for quite a while. It is best to wait for a reversal in the MACD and definite reversal in the oscillators.
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