
In the grand theater of the stock market, a drama is unfolding above us. The major stock market indexes, those titans of trade that we watch with bated breath, are currently brushing up against a ceiling that’s proving to be as stubborn as it is foreboding—this is what traders call 'overhead supply.' And if the whispers among seasoned market watchers are to be believed, we might just be at the cusp of a descent from these dizzying heights.
What Is Overhead Supply?