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It's a seesaw pattern (up down up down) eventually there'll be a breakout either up or down, my guess is down eventually, may not today of course, eventually.
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Strong initial rebound so maybe the low was in for today.
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Probably a rebound here first which likely would be sold. It's a rare 3 legged down (usually 2 legged down at the most) meaning bears are serious this time.
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