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Maybe bias is up as it could be the 2nd leg up after the yesterday's first leg up.
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> 60% chance of sideways range day today, new swing high, it is bullish bias. after a good run from the bottom, there need to be a rest. upside is not done yet ME THINKS. same playbook, different day. we need higher or gap filled before we heading down to zero. don't be bitter if you missed the bottom, it will come again.
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Let's see whether bulls can make a double bottom here (green arrows). I'll need see 2 consecutive strong bull bars at least.
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2 consecutive strong bull bars and kind of double bottom (green arrows) so the low might be in for today or close (could be another slightly lower low).
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It looks suspicious to me when the market blasts straight up in the middle of the night after almost breaching a 00 price level. But we had some follow through after the open and the bulls didn't do anything impressive with that. Thinking the daily bar for today is not going to cause a lot of FOMO buying tomorrow.