The bounce has happened and now we are at resistance all coming together trendline, horizontal, and shorterm 20 day ema. If resistance holds than a retest of lows is more probable! There are higher resistance levels of course above these levels if the market wants to push higher but first we have to see what happens here. I think technicals is all we have to go by now since nobody really knows what the fundamentals are of anything at the moment.
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