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But we saved everything 🙂.
SPs surge following buy day and ROC flip, Linda Raschke notes
Linda Raschke, founder at LBR Asset Management, observes that SPs closed with a buy day and that a 2-period rate of change (ROC) is poised to flip upward.
She adds that SPs were already well up following the Asia market opening.
Raschke has recently commented when the minimum downside target was reached as the slow line closed below zero on weekly charts, according to a prior update. She also highlighted a 5 SMA buy signal for BTC that unfolded during the Asia session open in a separate note. Both instances reflect her focus on technical signals during key market sessions.
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