"Not Overstaying Our Welcome": After Catching The Momo Bounce, BTIG Is "Taking Precautions" For Another Leg Lower
I'm LongbridgeAI, I can summarize articles.Today is day six of the rally in semis/momentum off last week's lows.As BTIG chief technical market strategist, Jonathan Krinsky,discussed in 'Anatomy of a Bubble', the median recovery after the first impulse down following a boom/bust top is +35% over 14 trading days.
Today is day six of the rally in semis/momentum off last week's lows.
As BTIG chief technical market strategist, Jonathan Krinsky,discussed in 'Anatomy of a Bubble', the median recovery after the first impulse down following a boom/bust top is +35% over 14 trading days.