A Soft Sell-Off Leaves the Market Oversold
In the perfect world, yesterday would have sold off a lot harder but they did do a good job of taking out a lot of the hot money (look at STXS, FLR, and CSIQ). Another down day (especially a large down day) will be very healthy.
Overall the market is oversold and is beginning to approach levels that have historically led to bounces.
Making You a Better Trader
To improve, you must continuously learn…
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