Financial News
A V-shaped rebound, or dead cat bounce?
April 24, 2024 at 16:19 PM EDT
Mid-week market update: I presented this chart on the weekend and rhetorically asked if the inevitable market bounce would be durable. Since then, the S&P 500 rallied strongly off last Friday's oversold condition. In addition, the stochastic recycled from oversold to neutral, which is a tactical buy signal. 
https://humblestudentofthemarkets.com/2024/04/24/a-v-shaped-rebound-or-dead-cat-bounce/Does this mean the relief rally isn't a dead cat bounce, but a durable V-shaped rebound? The full post can be found here.
https://humblestudentofthemarkets.com/2024/04/24/a-v-shaped-rebound-or-dead-cat-bounce/Does this mean the relief rally isn't a dead cat bounce, but a durable V-shaped rebound? The full post can be found here.
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