One showed the Philly Housing Index slicing through its 50- and 200-day moving averages and the failure of the index to climb back above either moving average.

FORBES: Magazine Article

While the market could continue to rise the indicators that show short-term overbought conditions such as the RSI (Relative Strength Index) and the MACD (Moving Average Convergence Divergence) are both solidly in overbought territory.

FORBES: Move up http://i.forbesimg.com t Move down

The four week moving average for the refinancing index also dropped, by 3.7%.

FORBES: Magazine Article