Stocks oversold here (on Internals' basis).
At prior support too.
Could tank but odds favour a rally into election day, and then 50dma (not shown) dictates
3400 ish
At prior support too.
Could tank but odds favour a rally into election day, and then 50dma (not shown) dictates
3400 ish
Note
And for anyone reading, by "INTERNALS" being "oversold"
I am referring to market LEADERSHIP, BREADTH, Price-Volume action
NOT
RSI, Stochs, etc or any other derivative of price
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.