Bounces in a downtrend are ideal way to set up a “sell the rip,” which is a bounce in a downtrend. What are the criteria to find specific levels to do this and which symbols are in downtrends? Raghee walks through the process in this look at a strong Friday session which could set up trades into early next week.

FOMC Chair Powell triggered an afternoon “sigh of relief” rally by confirming that rate cuts are still on the table. Is this enough to reverse the S&P’s weakness? In this video, Raghee shares how to identify near-term bottoms, as well as the obstacles ahead for the index.