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What does a Dead Cat Bounce pattern tells traders about a stock?

A:A dead cat bounce is a technical trading pattern that signals to traders the continuation of a downtrend, that a stock’s price is likely to continue to decline. The chart pattern appears when only a small, short-lived recovery follows a significant, severe decline in a stock’s price. This trading pattern is considered a relatively definitive indicator of market weakness. It […]

Deja Vu Stock Market Sell-Off – Business Insider

CMEE-mini S&P 500 FuturesToday’s global market sell-off really got started once China’s ugly HSBC flash manufacturing PMI report crossed the wires. Falling to a seven-month low of 48.3 in February, the PMI index suggested that the world’s second largest economy was decelerating more than expected.It’s worth noting that this narrative is almost identical to one we heard exactly one month […]