A Stock Market Hunkered Down After Green Shoots Slam Into New Downtrend – Above the 40 (April 3, 2020)
AT40 = 4.6% of stocks are trading above their respective 40-day moving averages (DMAs) (28th oversold day)AT200 = 5.1% of stocks are trading above their respective 200DMAs (new low for the oversold period)VIX = 46.8Short-term Trading Call: cautiously bullish Stock Market Commentary First, another dose of hope and a light reminder of the seriousness of … Read more