A One Hit Wonder Or More

by | Jul 19, 2021 | Daily Note

  • Quite a difficult week last week with the markets closing on the lows and a nasty start to this week
  • The question today is if this is a one-hit wonder drop or something more
  • I have some thoughts and charts that shows that this could work lower for some oversold conditions to appear
  • There are some DeMark buy Countdown 13's within the S&P starting to show up but I caution you to wait
  • If anything start writing these stocks down for entry once the markets stabilize
  • Updates with internals and bullish percent indexes
  • Taking profits on some shorts and timing a couple financial long positions
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