92e currently trading below that important daily range low. Previously a move above this range low and re-claim saw the market move higher.
Bullish Scenario:
-Double Bottom
-RSI Small Bull Div
-MACD Big Bull Div
Plan:
looking for entry at @425 or below as i think it will be the backtest of this double bottom pattern that played out in the past.
If market does not give this backtest then P2an 2 will be to buy the re-claim of that important daily range low @ 485
Protection:
if market trade's below that double bottom @380 its time to jump ship and reevaluate the next plan.. A quick dip below 380 and re-claim of MAY 21 AYH level will give me a signal to enter again.
Hope this helps.