Stock Market Bottom Finder
Almost all the values I track say we are near some sort of bottom likely to occur in the next couple of weeks. I think this would coincide with Surf City’s view of a cycle bottom by the end of this month as well.
TRIN 10DMA and TRINQ 10DMA are not confirming this however. In addition there is no panic selling yet. Otherwise all the other indicators are lined up for a bottom.
There is a lot of thin air underneath this now.
No real support until the Brexit gap.
A falling knife.
Great charts and from where I look the Russell hit weekly support to the tick, although I cannot bring myself to buy in here. I would like to sell this pop for a more decisive low like you and Surf describe.