mem

You don't need to predict 'the' bottom. You need to prepare for 'a' bottom. S&P Bullish Percent at 33. RSI at 27. A third of the index on buy signals. Breadth is buried. But a bullish divergence is forming, lower highs on BP and higher low on the. This same structure has lined up with the start of some nice bounces in the past (highlighted on chart) And here's the part nobody talks about, when that bounce comes, most people either aren't in it or they're so deep in the red that they dump on the first sign of green just to stop the bleeding. The market doesn't bounce when you're ready. It bounces when the most people have given up or are too underwater to hold.