What To Look At When Looking For an Oversold Bounce

All the signs were there:

P.S; the above mentioned breadth indicators only give you actionable levels every 3 to 6 months, so if you track them like I do on a daily basis it will be futile, but in times like today its well worth it.

 

Another Possible Scenario from @MKTANTHROPOLOGY  http://www.marketanthropology.com/2012/11/riskreward.html


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