9 Years In, Does Buy the Dip Still Work?

Every ‘dip’ for the last 9 years has been a buying opportunity.

Is this time different?

In this video I explore the bull case and the bear case and the likelihood that Tuesday’s big rally was 90% short squeeze and what to look for if a bullish resolution is on the table by using the Follow Through Day concept.

As I wrote in Monday’s report prior to this explosive move, that if a rally played out to as high as 2808, it would probably be the last graceful exit if a further meltdown was going to play out.

Even if this is a buying opportunity, the likelihood is a test of the lows occurs with a 50% chance of an undercut of 2700.