Huge Advancing volume helps to give a lot of confidence

Trump’s tariff retreat coincided with record drops in the VIX along with a record number of points gained for DJIA on Wednesday. While it was difficult to try to call “the bottom” into Wednesday given the basis trade unwind in a very volatile market that had been trending down, there had been multiple technical factors that suggested a low was approaching and could be in place within a week. Following today, it’s like...

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