Sell off fading.
Printable View
Sell off fading.
looks like it for today
Huge volume clearing out stops and leveraged liquidations. With daily RSI very oversold we are finally getting the bounce. I expect many holders and shorters will be selling on any decent bounce, so the probabilities of new highs are very slim in my opinion.
Volatility in both directions ahead.
Should be the low for the week
I'd say that's most probable.
A lot of people will be hurting from this months action. Make sure you all keep perspective as there has been amazing gains in the 2 years. If it's impacting your mental health then it's a good time to reassess your risk tolerance and position sizing. Don't let it get to the point of overwhelming you. Feel free to reach out.
Fizzer... not even a decent sell off... needs a full on crisis.. gosh forget we just had one... sunny days are here again...
oh yes almost forgot whole sectors like tourism have been totally trashed.
war zone ...
we have software in one of our dynamic DLL's from the region. Luckily we got it 7 years ago , the source code.
should be a lovely summer next year... Rip Curl should be flying off the shelves...
Some more info:
https://www.cnbc.com/2022/01/24/grow...ley-warns.html
I wonder what the late stage buying was from last night.
Not much of a bargain considering all that's going on.