in the mast cases nowadays the very first rebound means bears are over. let's see if today is the same or not.
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indeed bears are over again. at least it's a range day.
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middle panel: the bears keep dropping (that's bullish), but they still have the edge (1.8x bears)
top panel: the bulls have no fuel yet
in other words, this rally has no AD support.... yet
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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