Trader Brian Jones on Twitter: "So what happened on May 24th? Was that a bottom? 30% drop in Nasdaq from high? I believe the drop started getting ridiculous and it set up for past sellers to be buyers and hence this bear market ( Summer Rally)." / Twitter

So what happened on May 24th? Was that a bottom? 30% drop in Nasdaq from high? I believe the drop started getting ridiculous and it set up for past sellers to be buyers and hence this bear market ( Summer Rally).