Which are the most overbought markets?

Global stock markets experienced a great 2017th year. Growth, however, makes most of them look overpriced. In fact, according to Bespoke magazine statistics, only two markets are out of the super-territory.
Based on the study of 35 index funds based on the markets of individual countries and based on a significant excess of 50-day averages, only the markets of Sweden and Taiwan are not over-purchased. Neither country is over-sold.
Of course, the magazine recalls that being overbought, does not necessarily mean that it is a negative signal and is about to fall. This rather points to risky prospects and profitability prospects in the relevant markets.
Among the most overbought markets are the markets of Poland, Germany, Italy, Spain and the Netherlands.
The past year was exclusive to stock markets. The MSCI All-Country World Index rose in each of the months of the past year, which was the first time in history.
These growths contributed to an increase in market estimates to excessive levels.