$SPX - Made a lower low today but only on an intraday basis. The extremely low number of advancing stocks and the put/call ratio spike on Wednesday were both bottoming indicators, so the index either bottomed today or will do so on Monday. It remains to be seen.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
$SPX - Made a lower low today but only on an intraday basis. The extremely low number of advancing stocks and the put/call ratio spike on Wednesday were both bottoming indicators, so the index either bottomed today or will do so on Monday. It remains to be seen.