In summary: while recent sell-off seemed to be excessive and the market is overdue for an oversold bounce, do not expect a lot to the upside.

总结：最近大盘的跌跌不休似乎有些过头了，市场应该会出现一波超卖反弹，但是我们不应对反弹力度寄予过高期望。

youdao

Outside the stock market this week has been sharp fall in a row, there's the possibility of increasing oversold bounce.

外，本周股市已经连续大幅下跌，有增加超卖反弹的可能性。

youdao

Since 2001 the stock market adjustments, the number of shares of listed companies in real estate seriously oversold.

自2001年以来，股市的调整，一些上市公司的股票，房地产严重超卖。

youdao

Typically, such an oversold market would stage a decent one- or two-day rally, but it never came last week.

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Buyers swooped into a dramatically oversold market on Monday, sending shares of Google (GOOG) higher by more than 4%.

FORBES: Google Gets Going After Seven-Day Sell-Off

Combine this with a sharp increase in the premium for September VIX futures, and the rise in the market from the lows achieved on July 1st appears to have been more attributable to the correction of an oversold market than a rejuvenation of the rally.

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