In a bear market, you would expect lower lows and lower highs , not a straight line down, with volatility reign supreme now, you just can’t trust any strong bounce unless you get a Fed pivot or a new positive catalyst (like an unexpected Ukraine ceasefire or Putin’s death from cancer) .
This did not stop local market participants buying into strength each time we get a strong bounce in US …but not surprise that many are just doing intra day trades and it would be trusting BTD bargain hunter investors holding the baby after they sell off before the days end.
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