The morning today should give us some clue as to whether Monday’s rally was just a strong oversold bounce or the start of a recovery from the ongoing correction. Remembering that most corrections can last up to 49 trading days on average, this correction is already beyond the 49 trading days depending on when we believe the correction started.
Here are some morning comments around 10:30 AM on Tue Mar 27 2018. They focus on the market direction and a number of stocks that I am following.
The rest of these quick comments are for FullyInformed Members.
Quick Comments – The Day After The Big Rally – Mar 27 2018
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