The rebound looks good, 3 strong push.
Setback, testing the morning low, lets see if bulls can fight back.
Consolidtion, couldn't stay within the channel. Let's see what happens.
Expect a bounce back tomorrow on SOXL, market oversold, RSI low.
Showing support at $39, important tomorrow we stay above this level
otherwise we will test last weeks lows. Resistant showing at $42 and $45.





thanks!, good analysis.
ReplyDeletei see divergence on ur 5mins chart.
ReplyDeletemarket is selling off. but no panic.
ReplyDelete