"We believe this rotation is setting up a very deep rotational “washout” low pattern that will result in a very strong upside price rally over the next few days and weeks. We just have to wait for the reversal to confirm at this point. Our custom panic selling indicator spiked to 9 and anything over 8 typically means we are nearing a major pivot low in the stock market, well at least for a strong 1-3 day bounce." -TheTechnicalTraders.com
This is a free newsletter, using a neural network as a market predictor. Interesting, let's see if this claim proves correct.
Sold BBUS when the S&P futures turned green. Pity not to have sold at $4.30s.
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- ASX - Day Trading
- Afternoon trading 6 August 2019
"We believe this rotation is setting up a very deep rotational...
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