It's definitely possible. The main reason I think this is a sustainable bounce is the speed. We spent < 30 minutes below 3,000 and bounced very quickly off my $3,150 target predicted by the descending triangle. That tells me there is strong buying in that price range.
It's definitely possible. The main reason I think this is a sustainable bounce is the speed. We spent < 30 minutes below 3,000 and bounced very quickly off my $3,150 target predicted by the descending triangle. That tells me there is strong buying in that price range.