Let’s see how far this bounce can go.
Dr. Wish
7th day of $QQQ short term down-trend
All of my indicators remain negative, but also very oversold.
Market very over-sold
Watching from sidelines–in cash. While I missed it in Monday’s IBD, IBD now sees the market in a correction. All indexes I follow have oversold Stochastics and closed outside their lower Bollinger Bands. We could get a bounce.