From here yes, oversold, but overall it looks pretty grim to be very frank. CCI, RSI, ADX D+ line, Aroon and CMF all look desperate for a smasher of a PR to turn it around.
What else could attract buyers right now, except for those heavy in powder looking to accumulate at this level?
Have to tell it like it is docS.
And I have to thank ken goodrich for the settings of this chart and how to post charts from their codes. Thanks ken.