FWIW, this is the first time we've been up over 2% off the bottom 10 days after it since late March on the QQQQ. It's a stat I've been tracking to compare this bounce to the others we've seen and while not a definitive trend change signal, it indicates something's going on here that is more bullish than anything that's happened since early spring.
Even if we just retrace the entire move down by 61.8%, that would have us go up to 40.32.
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