Submitted by Mark Hanna
Courtesy of MarketMontage. View original post here.
When they eventually bounce, the breathless financial media will be giddy… but these are simply getting to a point of very oversold in the near term. Hence, prone for dead cat bounce action. Unfortunately a few of these (semis, industrials) are groups you want leading an advance – not being at the end of the line in terms of sector strength.
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