Edit: 0.01 bounce?? Try a .0405 bounce and in the green!!!
Swing Traders have waited for this set-up for over a year. For us, the real game is about to begin to get exciting.
The turn will take care of itself. There will be a turn as there always is, and there will be plenty of Swing Traders following the action. A lot of them are already here watching on the CPST Board. SWING TRADERS KNOW HOW TO READ CHARTS. lol!
BTW, They have been waiting for this set-up a long time, and they are excited about this historic low, not scared, LOL! You missed you bet here.
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The Nasdaq site is clear. Many Institutional Holders are here and still buying. True, the biggest holders, shorters, have gone. Platinum is still showing, but I bet they have been covering to get out and will be close to gone next report.
IHs come and go, but there is a ton of them still left. There will be a ton more joining in on the turn. That is how it works! How many IHs are here is not important for the Swing Play. IHs being gone is a good sign the Swing Play is near.
That scare tactic ain't never going to work. LOL! That ain't never going to happen!