[newsletterchapter2 title=”GENERAL MARKET COMMENTS”] The BABA Reversal on 9/19 Told as of an interim High. A wonderful decline to a double bottom near 1925 S&P. Weakness has produced very low daily Sentiment including two separate 1% readings.
The Bids from the double Low near S&P 1925ish now looks like it has some durability. Maybe that was a “Buy the Dip?” There is still volatility and turbulence ahead.