Are we oversold short term?
yes.
Have we been more oversold short term yes.
So it's not a sure thing but I will lay out my reasons why i went in for a bounce trade at down 84 on s&p.
Conversation
Replying to
Im playing a bounce on AAL, entered a little earlier than you. Im still learning, appreciate all knowledge you share.
1
Replying to
I am short from 4570, do not like the market atm and i dont like it 6 months forward.