S. Hughes Technical Quotations

What we're gonna see now and probably for the next few days is what we saw yesterday, a little technical bounce from oversold conditions,

From a technical standpoint, we're at a place where we could see a short-term advance, as long as the numbers going forward aren't ridiculously awful.

On a very short-term basis, you got a little oversold last week, and on a technical level, this is a pretty good place to get a bounce. In the greater scheme of things, last week's movement was significant, in that it was a stronger wave of selling than we've seen in a while.