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Time and churn



If the market is going to put bottom in this correction , it will require some time and lots of range bound action.

As of now we are in just first leg of correction in many recent leaders.  Many will have more downside.

As of now breadth trends are approaching extremely bearish readings and so a short term bounce is likely.


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Anticipation Setups for today.

Market is setting up for a big move in either direction currently. Stocks are setting up on both bullish and bearish side. Bullish Antici...

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Situational awareness

A "V" shaped recovery was many people's expectation. But that was lower probability event. What we are likely to get is te...