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DavSab

"We're oversold so this is the bottom" NO!!!!

Short
S&P 500 Index (SP:SPX)  
DavSab  
SP:SPX   S&P 500 Index
Technical Indicators
7
2
indicator
I come across the statement "Everything is oversold, so this is the bottom". However just look at the how oversold we were on SP500 before significant further drop in the future. Do note this is at monthly chart!

What's your thought?
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