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Don't know whether the rebound overnight means the low was in or not. My feeling is down, kind like head and shoulders top.
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Possible double bottom, the low might be in for today.
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4910 area seems to be the magnet today. As JFR commented lots of spikes, not a good environment for longer term swings. But when Monday comes on Tuesday, especially with all the stimy the Chinese unleashed over the weekend, well what do you expect.
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Bias is down and down a little more to exceed the tinted area then it'd be 100% measured move down which usually means another leg down is likely.
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More tan 100% measured move down so likely there's another leg down.
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