Some signs of stabilization
More stocks are going in to sideways bases. From such bases a new bull move can start. If the market spends more time going sideways, it will be better. As of now it looks like a good setup for last quarter rally. The momentum scans have started showing some good setups. That universe should expand if the market puts in a bottom here.
But it still remains very volatile market. The volatility has to drop for meaningful bottom.
1 comment:
Hi, yes there're signals even if volumes don't convince me yet. By the way, HANS is one stock I am monitoring carefully.
Post a Comment