Panic Selling Yesterday Sparked Todays Bounce, BUT…

Good morning, traders, Markets are active this morning, with technology bouncing, oil moving lower, the dollar pushing higher, and bonds trying to firm. Yesterday brought a wave of panic selling, but the broader equity trend is still holding for now. In an uptrend, panic-selling readings often lead to a short-term bounce, and that is exactly…

Original source: https://thetechnicaltraders.com/panic-selling-yesterday-sparked-todays-bounce-but/

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