betting on rip sell
its fantastic that major indices are still managing to find areas of support on the way down. this to me is indicating when we do finally recover it will happen in a reliable manner. its also telling me that these areas are not max pain. to find a bottom permenantly id like to see bullishly diverged oversold levels in high volume. right now signal is still red, and trama sss ma are resistive near top of envelope. these indicators would need to show green candles before spx is a buy again.
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