Loading ...A mkt that is down 7 weeks running and closed most of those weeks below the weekly bollingers, is way oversold.
Plus the mkt has been falling since July, so it would be safe to say that some short covering is likely around year end. Now any normal seller would wait,to see if any of that pans out, in order to get higher prices etc.
Yet the Scum won’t even allow that “normalcy”, it is as if they wish to break the mkt permanently and watching their attempts to banish cash, maybe that is their plan…..though they seem to have forgotten the Russians and the Chinese.