it appears to be a now mildly bullish sentiment in the short term, but a period of uncertainty with low volatility.
what technical indicators does anyone think were present for today's short term reversal?
a larger than expected gap up this morning with no fundamental change to remove the underlying bearish atmosphere.
was this gap up the last opportunity to go short ahead of the fed meeting tomorrow?
or is this simply retail traders eagerly investing extra funds they were saving to pay off their loans, despite market circumstances?
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