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September 01, 2020 1:25pm
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A V-shaped rebound, or dead cat bounce?

Mid-week market update: I presented this chart on the weekend and rhetorically asked if the inevitable market bounce would be durable. Since then, the S&P 500 rallied strongly off last Friday's oversold condition. In addition, the stochastic recycled from oversold to neutral, which is a tactical buy signal. this mean the relief rally isn't a dead cat bounce, but a durable V-shaped rebound? The full post can be found here.
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