TradingEdge Weekly

Jason Goepfert

12-10-2021 at 3:15 pm

TradingEdge for Dec 10 - Pessimism in an uptrend, big breadth thrust, South Korean stocks hit

The S&P 500 was in a healthy market environment heading into this week, but pessimism was building and reached an extreme by some indications. Then buyers stepped in and we witnessed impressive breadth thrusts. South Korean stocks have got hit hard enough to be long-term oversold.

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