Reviewed charts mentioned below again just now, it convinced me that the short-term bottom has reached indeed.?
Main reasons
1. Volumes increased evidently, meaning, there are willing acuumulations at the bottom.
2. There are 6 to 7 bullish hammers or bullish engulfings or piercing lines candlesticks at the bottoms for each ETF especially for value, high dividend, cash cow ETFs.
3. Some bottoms with bullish divegence between prices and technical indicators.
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Candlestick charts show obvious accumulation signals at short-term bottom, including charts for those ETFs mentioned in the articles below. Some charts shows as many as five bullish signals. So I think it could be a good short-term bottom at around current level. Lets see.
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SCHD
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