Just flip the chart - a rebound on the downslope is the opposite of a retraction on the upslope of the curve. If you are positive we are at bottom, by all means buy the idea we are going back up...
Me I am sitting it out till the trend becomes clear
I always liked what Louis Rukeyser said, nobody rings a bell at the bottom. I have no way of knowing if we’re at a bottom, but I believe the market is signaling more aggressive rate cutting from the Fed.
Bear market rallies are a beeyaotch.