Stocks oversold here (on Internals' basis).
At prior support too.
Could tank but odds favour a rally into election day, and then 50dma (not shown) dictates
3400 ish
At prior support too.
Could tank but odds favour a rally into election day, and then 50dma (not shown) dictates
3400 ish
by "INTERNALS" being "oversold"
I am referring to market LEADERSHIP, BREADTH, Price-Volume action
NOT
RSI, Stochs, etc or any other derivative of price