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LeoGlossary: Dead Cat Bounce
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@leoglossary
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In the market, an asset that suffers a period of declined followed by a move upward. The ascension is not a break of trend, hence is temporary in nature.
The idea is the asset has a bounce off the bottom, but is really "dead' since it is short lived.
We see this with commodities, stocks, cryptocurrencies, and other derivatives that are traded.
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