1. Super high negative readings on mcclellen oscilator, and 10dma of advances vs declines on nyse. both short term positive, or indicates a crash coming, which is possible.
2. Finally getting climax readings of fear, setting up the first bottom, a quick rally, then more selling (not sure how far down)
3. RSI reading of 17 is close to the low on May 18th. In fact, everything looks just like may 18th. Then, we had a 2 day rally, small pullback, and another quick 2 day rally. Then we fell and made a new low in june.
bottom line: If you are a trader, this is a decent entry for a long position.
