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DJIA: Stocks Rise on Chinese Data, Oil ... But is it a Mere Oversold Bounce?

Discussion in 'Technical Analysis' started by Kaitlin, Jan 13, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    Global equity markets have rebounded slightly in the first half of this week after a shocking start to the year sent the major indices tumbling. The rebound is in part due to the sellers taking profit on their positions, a technical rebound in crude oil prices from around the psychologically-important[​IMG]

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