7 week slide is over... I do believeYes, love those noon hours on oversold stocks. Just thinking, as 12:27 became the end of the below 30 buys yesterday, this 10:43 time today could just be the end of the below 40's for a buy. Sliding into the 50's on Monday will become a reality if this week closes on that sliding 7 week candle where I think it will. Just have to recall the week of June 1 to see what happens when these sliding weeks turn around.
Got to be a few nervous people out there at the moment. I am sure they were hoping for the low 30's today.