Strategesis

From Safehaven.com:

…what happens if an oversold market doesn’t bounce and the selling continues?

The answer: oversold becomes more oversold, and like the overbought market that gets stuck in “overbought”, a new trend is likely to form. In this case, it would be a downtrend. And that is the juncture this market finds itself in.

Continued

This entry was posted on 2011-06-08 at 20:48 and is filed under education, technical analysis. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.