Elena Nikulina

Yuriy Matso: Market is oversold but prices continue to fall

Yuriy Matso: Market is oversold but prices continue to fall
Market oversold, prices stagnate

Yuriy Matso commented on the current state of the market, noting that although many recognize an oversold environment, prices have yet to rebound.

According to Matso, this lack of recovery is not a positive signal for those expecting a bullish turn.

Matso previously observed that traders are holding a record level of S&P 500 put options, indicating heightened bearish sentiment in U.S. equities. In a separate note, he warned that the NQ index could face a 25 percent drop to 20,000 from its recent peak. Both statements have contributed to cautious outlooks among market participants.

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