As markets start to fall, everyone wants to find the bottom. Technicians use several indicators created from price (momentum indicators) and participants behavior (sentiment indicators).
One could expect, as prices plunge about 10% from the recent highs, that bears are everywhere, but I think that is an incorrect assumption...
As one can easily notest, this can be only the beginning...
One could expect, as prices plunge about 10% from the recent highs, that bears are everywhere, but I think that is an incorrect assumption...
As one can easily notest, this can be only the beginning...
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