I don't trust these bounces.
Lots of losing traders will sell into them eventually.
Conversation
Dip buying. Conditioned response. Like Pavlov’s dogs. Hey, it’s worked in the past why not now ?
Dip buying has been failing at each stair step down. Just like on the way up it will drop then bounce then drop with sharp drops intermittently
May even get a full on relief rally ?
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I'm avoiding staying in anything for very long at all at this time.