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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 681.92-0.7%Dec 31 4:00 PM EST

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Drygulch Dan
GROUND ZERO™
To: yard_man who wrote (173995)5/14/2022 9:58:15 AM
From: Clam digger2 Recommendations  Read Replies (4) of 220995
 
Several reasons. Yes sentiment is one of them. Everyone is calling for more down and some are certain of it. Everyone is looking for "capitulation". There has been a lot of forced selling from Crypto crashing. Various indicators I follow are in areas that usually lead to some sort of bounce. Several targets for this downturn have been met. Certainly we are closer to a bottom than a top. Obviously none of this is certain but like I said a turn here is possible. As always dyodd and gl/gt to all!
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