Bottom Still Not InOversold it is, higher it must climb, until lower it gets again. Bounce coming- likely. Bull run again- unlikely imo.
Every bottom lifts VIX to >40 and true capitulation usually triggers trading halts. Didn't see these yet; not done.
Bear markets are not quickie corrections that serve as dips to buy. They grind on for months or years, median 17 months.
Don't expect any monster rallies although a summer rally is likely before the real bear growls in September.
UShort
