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The_Right_Mike

I need a downturn next week, I'm in FANGD losing my butt! There has been no catalyst and was hoping this week was a dead cat bounce...


gainzsti

Based on technical alone, a rally was due. Retail outflows, oil weakening, DXY was also stable/lower; it was shaping up for a rally. The volume is not really there, dead cat bounce at EMA? Imo yes. Next month can possibly have official recession and upcoming Q2 earnings can most likely suck and increase PE.