I love this chart, it's very hard to buy anything after it's had an almost 40% down trade but that's the way bottoms feel; very hard to buy.
Obviously it might still keep plumeting down but watch the RSI, the divergence at the moment is the first sign for a short term reversal in sentiment or market realising it just had a massive overreaction.
Either way the volitility is great and catching a swing in the right direction can be dramatic moves in very short periods of time.
Obviously it might still keep plumeting down but watch the RSI, the divergence at the moment is the first sign for a short term reversal in sentiment or market realising it just had a massive overreaction.
Either way the volitility is great and catching a swing in the right direction can be dramatic moves in very short periods of time.