This by week, the Dow Jones Industrial Average traded almost 34% below its 200-day moving average. This eclipses the oversold weather condition from the postal service WWII era. Indeed, equally the nautical chart higher upwards indicates, since 1902 we've alone had ane catamenia of greater oversold conditions: the Depression marketplace of 1932. Looking for marketplace bottoms using historical analogues from modern markets has been hazardous to investors' wealth.
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