Stock Indices Pause And Work Off Some Of The Oversold Condition

The stock Indices paused, for the most part, today after reaching an extreme oversold condition yesterday. Whether the pause or countertrend rotation is complete or not is yet to be seen tomorrow. With that said, today’s rotation offers the potential for good trade location tomorrow, as long as the internals confirm the breakout from today’s rotation.

Leave a Reply

Your email address will not be published. Required fields are marked *