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Have We Hit Bottom?

Started by Jorge · 10 months ago

The past couple of days we’ve seen the markets rally and rally pretty well the entire trading day.  The only thing that’s somewhat concerning is the the volume levels the past couple of rally days.  They’re definitely not as strong as our down days but t ... Continue reading »

4 comments

  • reno

    1 year ago

    There's a downtrend line from Dec. 25 of last year to Feb. 1st that it hit today.
    reply
  • Jorge

    1 year ago

    I see that trendline. It's a secondary trendline IMO. There's still an overlying trendline starting closer to the beginning of December. Then again it doesn't matter because the markets have given up practically everything they've gained this week.
    reply
  • Jim

    1 year ago

    I think we are far from bottom and are just at the start of a depression in the United States.
    reply
  • Jorge

    1 year ago

    Maybe not a depression, but a mild slowdown most definitely. We'll see what happens when GDP numbers come out later.
    reply
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