Technical Edge
NYSE Breadth: 68% Downside Volume
NASDAQ Breadth: 74% Downside Volume
There have essentially been two outlooks on the market.
The bull case hinges on the stock market putting in a low on Jan. 24 and bouncing and putting in a higher low on the dip.
The bear case hinges on the stock market pulling back in a multi-leg correction. In an “ABC” or…
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