I am seeing the same thing, temporary support. Question is when to get back in short? A two day rally, up big, that is a good short op.
All we did was fall back to the lower bollinger band.
Now, often we get another couple down days, then a rally. If that happens, then the rally will not last long. If we can bounce here, then next couple weeks could see new highs.
Nothing is certian, everything is possible.
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