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Can Stocks Bounce After Dreadful Reversal on Wednesday?

Can Stocks Bounce After Dreadful Reversal on Wednesday?

Bad breadth is really accumulating now. Let's look for some relative strength.

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Future Blue Chips
Dec 02, 2021
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Can Stocks Bounce After Dreadful Reversal on Wednesday?
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Technical Breakdown 

  • NYSE Breadth: 81.8% downside volume (!)

  • NASDAQ Breadth: 70% downside volume

Trading is hard, especially with our emotions running high. One way to eliminate that impact is to have a Game Plan going into the day. That’s what we attempt to do here. With our levels, we’ve been able to “take the temperature” of the market without being so …

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