Watching for the Support to hold Moving back above the Intraday SMAs and continuing to hold support should be a confirmation of support. TNX has a LOD type crossover so picking up any Calls here could use the current Low as a stop loss or if the 100/320SMA becomes resistance. Waiting for confirmation Above the SMAs would be Safest IMO. The higher support at 8600 could easily get some Bulls back. Let's see what happens! :^)
Looking a lot like previous retests Missing Bollinger band piercing though. Time to see if this higher support will continue to hold and get the markets Happy again.
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