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Strategies & Market Trends : John Pitera's Market Laboratory

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To: Hawkmoon who wrote (17656)	1/21/2016 2:08:11 PM
From: isopatch	4 Recommendations Read Replies (4) of 33421

We know oversold extremes can generate strong counter trend rally. But, when you encounter a series of, deep, prolonged, oversolds over a 6 month period? The most important takeaway, in my experience, is your getting repeated confirmation of the primary downtrend. Very deep oversold in August plus this, most recent, one are doing exactly that. The primary trend is yet to bottom. All IMHO, Isopatch.

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