please notice that at 7 we have an island reversal in both cases
huge rise coming as usual after election....how long it will last and if it marks the end of the bear or not, we will see
in my opinion however the bear should be over
You need a daily volume component to confirm if there is an island reversal or not, otherwise, you're just speculating (my apologies in trying to help).
When market prices go to new reaction lows, maybe this will finally be a teaching moment in comprehending that it takes more than just looking at something and then wondering whether or not it will act in theory when it comes to trading the markets on a technical basis. But that aside, you even have the fundamentals of stock market activity going against you right now, and that isn't going to change until (at least) the beginning of next year (maybe).
Edited by fib_1618, 03 November 2022 - 08:42 AM.
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