Reasonable. Could still be a BTFD market... which the market wants to do... or Sell The Rallies... can't tell which for sure.
??? Too vague. Please elaborate. (You talking about "relevance of candlesticks" or Bull/Bear market??)
I saw Head and shoulders bottom on daily, though the Nov 16th showed a loss, few days later secondary bottom even lower and has held. Aren't wedges that are downward slanted for breakouts to upside? Anyway, this site saw as interesting for pre defined scanner of TA and Candlesticks on stocks. https://stockcharts.com/def/servlet/SC.scan
I can hardly elaborate on information which I suggest isn't there. Of course, the most accurate and least diluted information which the market provides is price. Right now price is rising but in the recent past it has been falling. The immediately recent rising price does not eliminate the possibility of further price falls, and the less recent price falls do not eliminate the possibility of further price rises. So both theories are good and neither can be disqualified. But if you disagree you could elaborate on information which you see which does eliminate the incorrect answer.
%% Monthly[NOV] bottom, maybe.LOL For usual strong 4th quarter stock seasonals =weak up trend. NOT a prediction.
No, I agree. The market is bound by the range established early in the year. Until that range is broken and the break is maintained, it's all just a guess. (Doesn't mean there is no money to be made, you know. Buy the bottom of the range, sell the top of the range... lots of noise between.)
%% Could be a bottom area ,4th quarter strong stock seasonals in the past; but when so many are below 200 dma, maybe not.Really; i could make a case for either, with close above 200dma NOT a prediction
I would say price and volume. Current rally has lacked volume, therefore I am more cautious. That said the last couple of days have been a little better. Still more conviction needed imo. There's what I want to happen, and what I am prepared for happening...