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Dusting For Fingerprints (guests: Carter Worth, Kuppy)

The Market Huddle

00:00

Is There a Long Term Bottom?

It was absurd that nat gas was trading up there, and now we're suddenly seeing a much flatter term structure. I think that this market going into next week is on shaky grounds. There is not one technical thing you can say bullish about this market. A short term buying immediately met with selling. Almost all of the price action remains negative. And tape remains negative. Breath is horrible. The one characteristic of a bare market is cheap. Shit just keeps getting cheaper. Just because things are cheap is not enough to already say a bottom is in.

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