GMG Research

GMG Research

Indicators to Watch for a Bottom

Indiscriminate selling is here. Important levels on S&P and Nasdaq

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GMG Research
Apr 07, 2025
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  • Corrections typically end on bad news, not good news.

  • Markets are close to a technical bottom

  • Odds of a rate cut before the May meeting are skyrocketing

The best indicators in a drawdown

  • Volume profile

  • % of stocks below 20ma✓

  • % of stocks below 200ma✓

  • Gold Volatility (Gold -2 Sigma Decline Friday on Huge Volume) ✓

  • Spot VIX vs 3m VIX (needs to be greater than …

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