Is stock market actually in massive dead cats bounce? I compared current situation to 1930's crash, and mapped the possible bottom. If we are in dead cat bounce, then the real bottom is way below current price.
Kommentar:
Switch to monthly timeframe, and zoom out. When I see whole S&P chart, this scenario looks actually realistic, even though it sounds funny.
Kommentar:
I actually don't believe in this scenario, the market is too strong for this to happen. Everything is possible though, let's see what happens.