Loading ...Honestly, this looks and acts a lot like it did from 2011 to 2024. All the moves up are head fakes. Breakouts look like they’re coming and then momentum stalls and they are sold, fooling a lot of the chart watchers
The trend continues to be down. Oversold, stays oversold longer than we can stay solvent.
Next week marks the end of the 3rd month of this correction, everything is down at least 20% – a bear market by definition. I hope not, but all the old feelings are coming back.