After a 10% Drop, V Bounce or Double Bottom?# Stock
b*t
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"Corrections during bull markets have had a strong propensity to form a
double bottom. Since 1980, only 16% of corrections have had a "V bounce"
where the low was never revisited."
"The current bull market has been different. Since 2009, about half of the
corrections have had a "V bounce." So what happens this time? It's a good
guess that if sentiment quickly becomes very bullish, then a retest of the
recent low is probably ahead. If investors remain skeptical, the index will
likely continue higher."
图在
http://fat-pitch.blogspot.com/2018/02/after-10-drop-will-equities-v-bounce-or.html#more
double bottom. Since 1980, only 16% of corrections have had a "V bounce"
where the low was never revisited."
"The current bull market has been different. Since 2009, about half of the
corrections have had a "V bounce." So what happens this time? It's a good
guess that if sentiment quickly becomes very bullish, then a retest of the
recent low is probably ahead. If investors remain skeptical, the index will
likely continue higher."
图在
http://fat-pitch.blogspot.com/2018/02/after-10-drop-will-equities-v-bounce-or.html#more