I agree with stock_trad3r, although I disregard my opinions and just follow price when I trade.
I think it is interesting that stock_trad3r appears to be the only bull and the rest of you traders are bearish.
I observe that the bear market in stocks of August 2007 shows the most negative price momentum values in 5 years, and the second most negative MACD values in 5 years.
I notice that prior rallies from such oversold markets were broad and continuing. "Massive rebound" is possible.
I think it is interesting that stock_trad3r appears to be the only bull and the rest of you traders are bearish.
I observe that the bear market in stocks of August 2007 shows the most negative price momentum values in 5 years, and the second most negative MACD values in 5 years.
I notice that prior rallies from such oversold markets were broad and continuing. "Massive rebound" is possible.