@currynmyrice That's my guess. Take a look at this chart. I'm not an expert, but with so many indicators diverging from price, I have come to my own conclusion that while selling has been going on, there has been accumulation and buying pressure happening. Maybe in this environment these types of indicators don't matter, but I've never seen a situation where so many were in agreement and it didn't signal a reversal. And just for disclosure. I'm 95% cash and watching. I have not been doing this long enough to feel comfortable. I could make a lot of money, but I could also lose a lot. I look at this as a learning experience and see how I do with my predictions. It will take time to heal the markets and I will have a chance to make money when markets get a solid footing.
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