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Mixed Markets Give Potential Buy-the-Dip Stocks a Chance

Mixed Markets Give Potential Buy-the-Dip Stocks a Chance

The market outlook is foggy, but there are some great trading setups this week.

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Future Blue Chips
Dec 20, 2021
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Mixed Markets Give Potential Buy-the-Dip Stocks a Chance
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Technical Breakdown 

  • NYSE Breadth: 60% downside volume

  • NASDAQ Breadth: 58.5% upside volume

We’ve made it through the Fed, which turned more hawkish, and we’ve made it through quad-witch expiration. 

Despite investors’ assumption that this week (the 51st calendar week) comes with positive sentiment, the SPY has only finished higher 55% of the time since 2002…

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