Mr. Market is extremely oversold and has reached an exhaustion level only seen twice in the last 2 yrs.He is also trying to break out which seems hard given the level of exhaustion.
Question of the Week:
Can Mr. Market go into overdrive into the OPEX from these extreme level?
Answer: YES <=> explosive up move that leaves the break out level behind
Answer: No <=> explosive up downside move that leaves the break out level behind
This will be a binary game: volatile, brutal with an uncertain direction!!
No comments:
Post a Comment