Name: A bouncy low
Uploaded: 2023-08-08T16:40:35.330978
Channel: DanGramza
Description: The S&P 500 on Tuesday created a long shadow on the bottom of a candle chart which I refer to as a bouncy low. This implies that buyers came back into the market after a break to the downside. The expectation is that buyers would then follow through to the upside on Wednesday but can they get the job done.

Trend Analysis Chart Patterns Fundamental Analysis

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The S&P 500 on Tuesday created a long shadow on the bottom of a candle chart which I refer to as a bouncy low. This implies that buyers came back into the market after a break to the downside. The expectation is that buyers would then follow through to the upside on Wednesday but can they get the job done.

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