[Update:] Another piece of evidence: $NYMO is deeply oversold too. A change in momentum as shown by TrendXplorer will be the signal of a bounce or reversal.
Stocks about to hit bottom?
Looking at the Call/Put ratio and NYSE breath, stocks may hit bottom in the next couple of days. Fear has taken over from complacency and has already entered extreme territory.
[Update:] Another piece of evidence: $NYMO is deeply oversold too. A change in momentum as shown by TrendXplorer will be the signal of a bounce or reversal.
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[Update:] Another piece of evidence: $NYMO is deeply oversold too. A change in momentum as shown by TrendXplorer will be the signal of a bounce or reversal.
