guess invalidated. wait. this rebound shall at least have small legs.
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My AD filtering is now suggesting that bulls may have as much as chance as bears. but bulls are running into sell the rip intraday with any move higher.
My comments are for entertainment/educational purpose only. NOT a trade advice.
my guess. it's a typical 3 Push Up, so the bias is down but I'd always like to give the existing trend one more chance and this is why still one more push up is expected.
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check 1.0.4 in my public chart list. I cannot give you answer here.
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rebound as expected, now key part of my guess, bears need a little strong pullback here otherwise there'd be another push up because bulls just made a new rebound high.
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