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Turnaround Tuesday? Markets Try to Find Their Footing

Turnaround Tuesday? Markets Try to Find Their Footing

Trading ARKK and MAR.

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Future Blue Chips
Feb 22, 2022
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Turnaround Tuesday? Markets Try to Find Their Footing
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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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