Is the bottom in? Possibly🤷‍♂️
We are in the middle of two volume areas. Normally things trade from volume area to volume area (in a range), so I would assume we are going to hit ~47.5k and then go sideways for a bit. Could it retrace and go sideways/bounce off the weekly? Sure. Just showing the overall picture, I don't really care about what happens in between. Once ~47.5k holds, ~57k is the next spot I would expect some sideways action.
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