peter pumkinheads death by a 1000 cuts tuesday, page-129

Martis, very true, they don't. But they also have to have at least a relief rally, and if we have been wondering when that is, it may be from here.

A few tell-tale signs. Including a double-bottom in the US 10-year bond yield overnight, WOW plunging 4% to double bottom with its GFC low...

Some majors, like ANZ, CBA, BHP have formed possible island reversals. Good.

But I am suspicious of CBA's $3 candle, which IMO filled that reversal gap all in one hit today with what appears to be panic buying.