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Higher low or not, wait and see. Looks not bad for now.
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/ES, my low target is at 6657.5 anything lower will be a buy zone on oversold conditions of bigger time frame. unless market crash. so, buy or sell will be tight. something like this?
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Let's see whether bulls can make a double bottom here.
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Very orderly. Easy distance to tag ON Low and turn around. Reachable distance to the 2026 low. Bulls need some positive spark to make sure we have a buy the dip Monday, again. At some point they will run out of retail and the managed trading accounts that all sell below the 200 day average will bring us down.
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Don't know whether the rebound means the low was in or not. If there's a higher low as illustrated by dashed blue line then chances would be greater.
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