Bottoms are made when the momo stocks get trashed.

SPDR S&P 500 ETF TRUSTArca

Description

⋅ Aug 8, 2014 10:57 AM

This sell-off is near support, but the momo stocks have help up well. Usually, bottoms are formed when everything is "taken to the woodshed".

Comments

Barker

⋅ Aug 11, 2014 2:57 AM

Another example of a mono stock that has held up well. WDAY tradingview.com/v/cGqHB0mw/

KevinT

⋅ Aug 10, 2014 10:19 PM

I find it hard to understand your slang....

KRSCBOE

⋅ Aug 11, 2014 1:32 AM

momo = momentum stocks