Normal
Definately more positive signs today.Quite a few things pointing to a potential end of this current dip.For my current thinking, anytime from today to the end of the week will be drawing the bottom, but expect it to be choppy still.That's a broad bottom based off indexes etc so some stocks will lead, others will lag, as is the market's habit.If that condition is successful, I'm then looking at whether it gets anywhere near mid August highs. I don't like current odds of it breaking above that.I'll point it out again, but notice the near 2x volume from the covid low on the XSO?All that new money has changed market dynamics in this index area.[ATTACH=full]147380[/ATTACH]
Definately more positive signs today.
Quite a few things pointing to a potential end of this current dip.
For my current thinking, anytime from today to the end of the week will be drawing the bottom, but expect it to be choppy still.
That's a broad bottom based off indexes etc so some stocks will lead, others will lag, as is the market's habit.
If that condition is successful, I'm then looking at whether it gets anywhere near mid August highs. I don't like current odds of it breaking above that.
I'll point it out again, but notice the near 2x volume from the covid low on the XSO?
All that new money has changed market dynamics in this index area.
[ATTACH=full]147380[/ATTACH]
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