Yet another intra-day reversal does not bode well for stocks.
This morning, I laid out the various oversold condition. All of them suggest we could bounce; none of them make it a sure thing.
Selling will continue until it exhausts itself . . .
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.