Highlights
- The market has gone from being broken and very oversold to broken but no longer oversold.
- Unable to repair its recent damage despite the rally, this leaves stocks vulnerable to at least another low before conditions can stabilize more definitively.
- Tech in particular has gone from extremely oversold to neutral, yet its short-term Risk Gauge remains pegged at a "Risk Off"10.
- The faltering of such a key leadership sector has resulted in the. . .