Slow Dough

📺 Dead Cat Bounce or Market Comeback? Here Is What To Watch Please ❤️like and 🔁share with fellow investors In today's market update, @dvandenbord notes the market remains in a moderate correction phase, with weak structure overall despite a strong bounce on Monday on geopolitical optimism and oversold conditions. Major indexes are still below the 21/50-day moving averages. While some indexes briefly reclaimed the 200-day, $SPX and $QQQ remain below it. Leadership (especially big-cap tech) is still a drag. So, this is not a confirmed uptrend—it’s still a fragile environment. * The bounce on Monday was led by beaten-down growth stocks. These are the same names that were hit hard recently. This kind of move is typical in corrections: sharp rallies driven by oversold conditions, not true strength (yet). This was technically Day 1 of a rally attempt after multiple down days. According to O’Neil-style rules, it’s NOT a valid follow-through day; it’s likely just an oversold bounce for now. What needs to happen next: – Market should hold gains and go sideways – Then break above the declining 21-day moving averages – Show real leadership strength Until then → no confirmation of a trend change. * $SPX: Reclaimed short-term levels, still below key resistance $QQQ: Weakest, still stuck below 200-day $DIA: Also below 200-day $MDY / $IWM: Reclaimed 200-day but facing overhead resistance (declining 21-day) Some improvement, but resistance is everywhere. * $VIX: Pulled back from over 30 to ~25 → fear cooling off Stochastics + RSI: Turning up from oversold → short-term bullish tailwind $DXY Dollar: Pulling back → helped Gold $GLD and Silver $SLV #Bitcoin $IBIT was up as well These are supportive for a bounce, not necessarily a new bull run. * Portfolio still in “protect mode”, with very limited long exposure. No changes in Grotection portfolio. Continued Bitcoin short via $SBIT positioning added in Turbotection. * This was a strong, technically-driven bounce led by oversold growth stocks, supported by easing fear and a weaker dollar. But structurally, the trend is still down / corrective, key resistance levels are still overhead, and no confirmed follow-through or leadership yet. The real question now: is this just a dead-cat bounce… or the start of something bigger? Right now, the answer is: still just a bounce—until proven otherwise. * You can now find more details about the Market Trend and Grotection Gauge in the FAQ section on the Revere Assets website, along with additional insights into our investment process, portfolio structure, and onboarding. ▶️ revereasset.com/faq/