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Brendan Bernstein @BMBernstein
, 3 tweets, 1 min read Read on Twitter
Interesting comparing the 2015 lows to the current market

In 2015, the broader 200 level lows were tested a total of 9 times. Volume also declined throughout, shaking out all of the sellers. Only after did the market revert and go to new highs
During the current dip we've had ~7 dips with 4 of them of the 11/2017 lows. There also have been ~3 shakeouts at slightly higher levels

However, the main difference now is how high the recent sell volume was. To mirror 2015 and exhaust selling we may need 1 more larger shakeout
On the other hand, the buy volume was quite strong and the higher sell volume could indicate that most sellers are now gone. Will be an interesting few weeks ahead
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