My desk sees SHORT – here's the QVX rationale.
A bounce off oversold conditions isn't a reversal, and we're not treating it as one. Institutions don't chase a 0.7% recovery; we fade rallies into resistance and let retail call it a bottom. 💼
A bounce off oversold conditions isn't a reversal, and we're not treating it as one. Institutions don't chase a 0.7% recovery; we fade rallies into resistance and let retail call it a bottom. 💼