DEAD CAT BOUNCE AHEAD | WEEKLY TECHNICAL ANALYSIS | 19-23 DEC 22 #stockstowatch #stocks
1Hello, Traders,
It appears that the stock market has begun to slide down following the FOMC meeting, and it seems unlikely that we will see a year-end Santa rally at the end of a bearish 2022. Despite the overall bearish sentiment, the stock market may be set up for a short-term rally or "dead cat bounce" in the coming week. It is important to keep in mind that any rally is likely to be met with heavy shorting.
Please note that this video is intended for educational and informational purposes only. It is important to conduct your own analysis before making any trades.
Thank you.
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