Did avxl have some end of day surge from 8.16 to 9.00 and back down ?? I place NO value in that kind of move. Today was a target low testing 8 dollars, and a small bounce and slide sideways 8.20 area, and to me looks like a set up for the next step down ( 7.75 - 7.45) could the selling algos bleed it to the lowest steps at 7.15- 7.10 area? Maybe. But the several past pivot low reversals have varied between 7.20 and 7.66, so it a guessing game in the zone. It's possible that today's 7.97 could hold but I'm biased for 1 step lower.
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