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The bottom may finally be in. After watching the Dow slip about 4,000 points in weeks, it looks like the Dow Jones just caught new support, and is ready to pivot higher. It’s also wildly oversold on RSI, MACD, and Williams’ %R. From 32,196, we’d like to see the Dow...
Keep an eye on Bitcoin. After a devastating pullback from about $48,000 to $26,000, it’s just starting to pivot higher. It’s also incredibly oversold on RSI, MACD, and Williams’ %R. However, if cryptocurrencies aren’t your thing, check out the Bitcoin miners, which...
With the markets in the crapper, we’ve been pounding the table over confirmation. In fact, as we’ve noted, “What investors need to do is wait for confirmation of trend change here. Just because futures are pointing to a higher open means nothing. Wait to see if any...
