> This is yet another bear market rally – up volume was thin, not supported > by fundamentals, short interest has increased. Technically market > is overbought, and lower lows lower highs.
Huh? 1. We've had 4 different 90% upside volume days! 2. New bull markets are never supported by current fundamentals. 3. Short interest doesn't mean as much anymore with the inverse ETF's being so popular. 4. This rally does not have lower lows and lower highs.
This Rally May Have Legs - Bespoke [View article]
> This is yet another bear market rally – up volume was thin, not supported
> by fundamentals, short interest has increased. Technically market
> is overbought, and lower lows lower highs.
Huh? 1. We've had 4 different 90% upside volume days!
2. New bull markets are never supported by current fundamentals.
3. Short interest doesn't mean as much anymore with the inverse ETF's being so popular.
4. This rally does not have lower lows and lower highs.