This is looking like a BEAR market

An huge hammer candlestick pattern was made today with volume. Today was the biggest BTD in months. Question is: by whom?

 

This is the take by the 'bear market' gang on here. If markets go up in the morning then go down hard in the afternoon it's 'typical bear market behavior'. If markets go up on low volume it's because of the volume. However, if markets go down in the morning then go up hard in the afternoon with large volume it's a dead cat bounce. If all fails at some point blame the Fed and call everything a bubble.

 

i'm buying this dip- putting a bit more dry powder to work everyday. it's not going well.

 

Who the heck sold at 364.68? This just messes up everyone's quant/technical indicators/charts, forever!

 

no one did.

 

Nobody. That is stockcharts erroneous data.

 

@klattermusen I agree. There is no strong hold that is visible. If there was one, there could have been a hope for correction soon.

 

Note that on almost every correction since 2009 most of the bears on here never see the exit sign until it's too late.