Breadth Thrust
Hopefully we see today some weakness to bring it down to 30 area or just below. This would give me a sign to buy longs
NYSE New Highs - New Lows
Clearly oversold and ready to turn up
NYSE Percentage of Stocks above 50 / 200 DMA
Obviously the readings are very oversold and suggesting the expected bounce might end up to be more than just a bounce.
Hopefully we see today some weakness to bring it down to 30 area or just below. This would give me a sign to buy longs
NYSE New Highs - New Lows
Clearly oversold and ready to turn up
NYSE Percentage of Stocks above 50 / 200 DMA
Obviously the readings are very oversold and suggesting the expected bounce might end up to be more than just a bounce.
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