Technical Oversold Bounce: Software Rebounds, Anthropic Pitch Falls Flat, Big Picture Unchanged

Monday’s internals didn’t reach the 1-day oversold threshold, but the psychology of the market (manic, sell-first and ask questions later) certainly seemed to fit the bill, as did volatility’s profile (VVIX relative weakness). The day had a clear oversold rebound feel to it with some of Monday’s biggest losers being today’s best performers, though absolutely…