The market wouldn’t find a bottom until it starts going down on bad news.

Just the fact that a relatively small SNAP was able to knock off 1.5% from Technology and 2.6% from Discretionary stocks tells us how early we are in the market selling process.

Remember, that the market never makes bottom on good news, it makes a bottom, when the last seller is gone.

Unfortunately, we are still very, very far away from that….

The market wouldn’t find a bottom until it starts going down on bad news.

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