Markets experience 67 percent downside day, Walter Deemer notes

Markets experience 67 percent downside day, Walter Deemer notes
67 percent downside day deemed minor

Walter Deemer highlighted market activity with a 67 percent downside day, calling it insignificant based on DVOL/(UVOL+DVOL) using Lowry’s definition.

He also referenced data sources and noted that QQQ never filled its gap through a rally to 585.69.

Deemer previously noted a 66 percent downside day at 11:00, stating it carried no market significance based on Lowry’s definition, according to prior remarks. He has also observed an 83 percent upside day at 10:30, explaining that significance requires two consecutive events for confirmation, as reported earlier. These observations reflect his ongoing use of Lowry’s data framework to assess market moves.

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