Actually the chart is vastly improving right now! I'm impressed that the late September area, the double bottom are along with the reversal held up! It's possibly looking like an inverse H&S (but not confirmed as yet).....overall the volume looks to me like the basket was held out for purchases....not super, but effective.
Adam F's comment was the ammunition they absolutely required at this inflection area and it worked for them for today!
Friday's have a way of clearing out the garbage since the price MUST decline in order for more selling to happen!
Hey, I'm not smart enough to call this "the low" but it looks pretty good with about 40 minutes left in trading....
The shorts are looking for fear and right now are not getting it!
I will remain long and await November 14th for FULL APPROVAL......🤠
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