Photographer: Sanjit Das/Bloomberg

Southeast Asia Stocks Flash Technical Warning After Rally: Chart

After climbing 20 percent from its low, the MSCI South East Asia Index is reaching levels that are indicating that the bull-market rally may have gone too far too fast. The 14-day relative strength index was above 70 as recently as March 17, which some technical analysts consider a threshold signaling stocks are overbought. The measure was below 30 in January, which is considered oversold. 

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