Jesse Livermore might say, time to go fishing….. Darvas would call it a market for the birds. O’Neil would stay away, as I suspect would Minervini. And the perspicacious and man of few tweets, David Ryan, said on August 24:
Stock Market Technical Indicators & Analysis
Follow the blue line. It’s crossing over into bear land. https://schrts.co/wYZYMhsJ
Another view. More downside? Could be a bounce here. Too many conflicting signals. I’ll stay in T-bills for now. https://schrts.co/rhNRAsdj