Market Bottoming Check: Bulls make a push

But is that enough to turn the tides to start buying?

Last week, there was lots of chatter regarding the Zweig breadth thrust, among other indicators leaning towards a “bottom call” in the markets.

After all, that indicator has not lost in every instance it triggered.

I’d heard of the Zweig breadth thrust, but then another post on fintwit posted the super-zweig…I almost died LOL.

Here was one priceless reaction from Le Shrub. Super-duper hahhahaha!

Ok - humor aside, are these indicators enough to tip the odds in the bulls’s favor? I’d like to say we’re close.

That’s exactly why we do these weekly market checks.

And with that, let’s dive into the weekly market bottoming check.

In a seperate post tomorrow, I’ll share my starting list I’m keeping track of to start accumulating.

Have a great week ahead and trade wisely.

Les

My analysis, your money. Use your common sense.