Widespread Panic with Cameron Dawson of NewEdge Wealth
RiskReversal Pod
00:00
Is There a Relief Rally in Valuations?
When you are oversold versus trend and the easiest way to do that is just to say where are we trading versus the 200 day moving average. If you are trading near an extreme in that percentage down then you don't be short or overly bearish, he says. Chris Veron who's a fantastic technical analyst at Stretikus put out a note earlier this week in relation to some of the crypto carnage saying mistakes happen when you're under the 200 dayThat's when you get your face ripped off by a big down day so I think that we shouldn't actually be that surprised by the price action in some of those areas in response to the news. The fundamentals are dictated by the
Play episode from 45:10
Transcript
