Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

SPY 692.73

+0.5%

Jan 26 4:00 PM EST

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John Carragher

To: Hank Scorpio who wrote (208495)	3/8/2025 3:37:52 PM
From: GROUND ZERO™	1 Recommendation Read Replies (1) of 222440

Just a quick follow up on our earlier discussion about a possible market bottom... While it does look promising that we should see some kind of bounce, this may not automatically mean THE market bottom... We should bounce providing we can trust these near term chart patterns, but the nature of this coming rally will tell us whether it's just a bear bounce or the beginning of an actual new uptrend... If the markets move upward to sideways, then it could be just another bear flag and these market would again move lower after a few days... On the other hand, if this possible bounce is a more vertical move upward, then that would of course be more positive... So, it really remains to be seen what the near term bounce does, proving we actually do have any sort of near term bounce... GZ

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