WHAT A DOWNWARD TREND LOOKS LIKE. NOTHING GOES STRAIGHT UP OR DOWN. SOOOO IF AGNC
Crashed down 8% in one day, but rose 10c the next...the crash on 28mil. Sh. and the dead cat bounce on less than avg. Day vol.....well it is quite likely some of the 28mil. Sh. Traded will be used by fund mgrs. To head fake and troll for suckers trying to ride mo to a new rally, when in fact, agnc will run up $1 and crash $3. as it is now down 20% from high....the dead cat bounce yesterday failed and closed lower....same thing day after earnings crash...was up 57c....closed up only 18c. so look to charts....but also the trade volumes. vol. Imbalances are the tools that make rolling corrections possible.