With investors buying puts hand over fist over the past three days, we've seen fear rise to a level where bottoms have been made in the recent past. Given this observation, we should consider the potential of a small bounce on the daily chart, and be careful on the short side.
For background information on market sentiment, please visit the Market Internals, Sentiment and Psychology section of the Knolwedge Base. /Teresa
04.05.13 08:50 #